Bitcoin Cash Down More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Bitcoin Cash (BCH) has seen a 3.89% price drop in the past 24 hours, despite a 12% increase over the past week. Trading volume has risen by 59% over the week, while the circulating supply has slightly decreased. BCH's market cap is currently ranked #18 at $7.41 billion.
July 17, 2024 | 7:00 pm
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NEGATIVE IMPACT
Bitcoin Cash (BCH) has experienced a 3.89% price drop in the past 24 hours, contrasting with a 12% rise over the past week. Trading volume has increased by 59%, while the circulating supply has slightly decreased.
The recent 3.89% price drop in Bitcoin Cash (BCH) within 24 hours indicates a short-term negative sentiment, despite the positive trend over the past week. The increased trading volume suggests heightened market activity, but the slight decrease in circulating supply may contribute to the price volatility.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100