Bitcoin Cash Falls More Than 8% In 24 hours
Portfolio Pulse from Benzinga Insights
Bitcoin Cash (BCH) has fallen 8% in the past 24 hours to $392.11, despite a 12% gain over the past week. Trading volume has increased by 17% while circulating supply decreased by 0.23%. BCH's market cap is $7.72 billion, ranking it #16.
August 01, 2024 | 7:00 pm
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Bitcoin Cash (BCH) has experienced an 8% drop in the past 24 hours, falling to $392.11. This follows a 12% gain over the past week. Trading volume has increased by 17%, while the circulating supply has decreased by 0.23%. BCH's market cap is $7.72 billion, ranking it #16.
The 8% drop in Bitcoin Cash's price over the past 24 hours is significant, especially following a 12% gain over the past week. The increase in trading volume and decrease in circulating supply indicate heightened market activity and potential volatility. This news is likely to have a negative short-term impact on BCH's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100