Bitcoin Cash Rises More Than 6% In 24 hours
Portfolio Pulse from Benzinga Insights
Bitcoin Cash (BCH) has risen 6.81% in the past 24 hours to $374.77, despite a 4.0% loss over the past week. The coin's trading volume has decreased by 4.0%, while its circulating supply has increased by 0.1%. BCH's market cap is currently $7.40 billion, ranking it #18.
July 26, 2024 | 7:03 pm
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Bitcoin Cash (BCH) has seen a 6.81% price increase in the past 24 hours, reaching $374.77. This is a reversal from its 4.0% loss over the past week. Trading volume has decreased by 4.0%, while circulating supply has increased by 0.1%. BCH's market cap is $7.40 billion, ranking it #18.
The significant short-term price increase of 6.81% suggests positive momentum for Bitcoin Cash, which could attract more investors. However, the decrease in trading volume and slight increase in circulating supply may temper the enthusiasm. Overall, the news is likely to have a positive short-term impact on BCH's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100