Bitcoin Cash Rises More Than 4% In 24 hours

Over the past 24 hours, Bitcoin Cash's (CRYPTO: BCH) price has risen 4.8% to $464.99. This is contrary to its negative trend over the past week where it has experienced a 4.0% loss, moving from $480.04 to its current price.

Over the past 24 hours, Bitcoin Cash’s (CRYPTO: BCH) price has risen 4.8% to $464.99. This is contrary to its negative trend over the past week where it has experienced a 4.0% loss, moving from $480.04 to its current price. As it stands right now, the coin’s all-time high is $3,785.82.

The chart below compares the price movement and volatility for Bitcoin Cash over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

price_chart

The trading volume for the coin has risen 22.0% over the past week diverging from the circulating supply of the coin, which has decreased 0.0%. This brings the circulating supply to 19.72 million, which makes up an estimated 93.9% of its max supply of 21.00 million. According to our data, the current market cap ranking for BCH is #18 at $9.17 billion.

supply_and_vol

Powered by CoinGecko API

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

Total
0
Shares
Related Posts
Read More

What’s Going On With Affirm Holdings Stock?

Needham analyst Kyle Peterson initiated coverage on Affirm Holdings with a Hold rating last week, and the analyst highlighted Affirm as a long-term winner in the buy-now pay-later space. However, he noted the company's large percentage of stock-based compensation as a drag on its valuation. Investors may also be considering the possibility of fewer rate cuts in 2024 following the Federal Reserve's last meeting. A slew of positive economic data could also be pointing to a resilient economy that could withstand higher rates for a longer period, allowing the Fed to leave interest rates untouched in the short-term.

AFRM