Bitcoin Cash Falls More Than 3% In 24 hours
Portfolio Pulse from Benzinga Insights
Bitcoin Cash (BCH) has fallen 3.46% in the past 24 hours to $339.21, despite a 9.0% gain over the past week. Trading volume has decreased by 18.0% and circulating supply has slightly fallen by 0.18%. BCH's market cap is currently $6.70 billion, ranking it #18.
August 14, 2024 | 7:01 pm
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NEGATIVE IMPACT
Bitcoin Cash (BCH) has experienced a 3.46% price drop in the past 24 hours, contrasting with its 9.0% gain over the past week. Trading volume has decreased by 18.0%, and the circulating supply has slightly fallen by 0.18%.
The 3.46% price drop in the past 24 hours, combined with a significant decrease in trading volume (18.0%), suggests a short-term bearish trend for Bitcoin Cash. The slight decrease in circulating supply (0.18%) is less impactful but still noteworthy.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100