Bitcoin Cash Falls More Than 4% In 24 hours
Portfolio Pulse from Benzinga Insights
Bitcoin Cash (BCH) has experienced a 4.29% price drop in the last 24 hours, continuing a week-long decline of 8%. Trading volume increased by 19% over the week, with the circulating supply now at 94.06% of its max supply. BCH ranks #19 in market cap at $6.40 billion.
August 28, 2024 | 7:03 pm
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Bitcoin Cash (BCH) has seen a significant price drop of 4.29% in the last 24 hours, continuing a negative trend with an 8% decline over the past week. Despite the price drop, trading volume has increased by 19%, indicating heightened market activity.
The 4.29% drop in BCH's price over 24 hours, along with an 8% decline over the week, suggests a bearish trend. The increase in trading volume by 19% indicates more market activity, possibly due to the price drop. This could lead to further short-term price declines.
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IMPORTANCE 80
RELEVANCE 100