Bitcoin Cash (BCH-USD) Cryptocurrency is currently on bearish momentum by 7.33% in the last 6 hours. At 08:40 EST on Sunday, 20 June, Bitcoin Cash (BCH-USD) is at $518.37.
Today’s last reported volume for Bitcoin Cash is 3530693519 which is 41.93% below its average volume of 6080440133.12.
All TIme High and Low
Bitcoin Cash’s current value is at $518.37 which is 86.25% below its all time high of $3785.82 at Wednesday, 20 December.
Bitcoin Cash’s current value is at $518.37 which is 576.63% above its all time low of $3785.82 at Sunday, 16 December.
Market Cap and Supply
Bitcoin Cash’s current market cap is at 9694582078
Currently, Bitcoin Cash (BCH-USD) has 569979 Reddit subscribers.
Bitcoin Cash’s last week, last month’s, and last quarter’s current volatility was a negative 1.21%, a negative 1.78%, and a positive 6.02%, respectively.
Bitcoin Cash’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 2.21% (last week), 7.42% (last month), and 6.02% (last quarter), respectively.
News about Bitcoin
Forget Bitcoin. become a millionaire this way. According to The Motley Fool on Sunday, 20 June, “Also, the future value of Bitcoin will hinge largely on how much demand there is for it, and for demand to stay strong, Bitcoin needs to become a widely accepted form of currency. “, “But before you sink money into Bitcoin in the hopes of having it make you a millionaire, here’s another lucrative — and less risky — investment worth considering.”
The world bank can’t. but the IMF might help El Salvador with Bitcoin adoption. According to FX Empire on Thursday, 17 June, “The World Bank has rejected El Salvador’s request for technical assistance on implementing Bitcoin as a legal tender. “, “A World Bank spokesperson told Reuters that although it wishes to help El Salvador in numerous ways, including for currency transparency and regulatory processes, adopting Bitcoin is not one of them.”
Danske bank keeps Bitcoin ban despite rising client interest. According to Bloomberg Quint on Friday, 18 June, “Danske Bank A/S said it will maintain a ban preventing the trading of Bitcoin and other cryptocurrencies on its platforms, despite clear interest from clients to experiment with such assets.”, “And it listed carbon emissions from the vast computer power needed to mine Bitcoin as a further reason to adopt a “very cautious approach” toward such assets.”
Is Bitcoin an investable asset class? Goldman Sachs analysts are divided over this. According to FX Empire on Friday, 18 June, “Despite the argument regarding Bitcoin and its status as an asset class, its price has gone up since it was first launched in 2009. “, “The views from this report contradict Goldman Sachs’ May 21 report titled “Crypto: A New Asset Class?” In this report, Matthew McDermot, global head of digital assets at Goldman Sachs, classified Bitcoin…