Bitcoin Cash USD On Bullish Momentum: 4.87% Up In The Last 6 Hours

Bitcoin Cash USD is currently on bullish momentum. At 05:07 EST on Monday, 28 December, Bitcoin Cash USD is at $360.82 and up by 4.87% in the last 6 hours.

Bitcoin Cash USD Range

Over the last six hours, Bitcoin Cash USD’s higher value was $360.82 and the lower value was $344.08.

Over the last twelve hours, Bitcoin Cash USD’s higher value was $360.82 and the lower value was $338.31.

About Bitcoin Cash USD’s daily lows, it’s 12.188% up from its trailing 24-hour low of $321.62

Regarding Bitcoin Cash USD’s yearly highs and lows, it’s 159.173% up from its 52-week low and 26.816% down from its 52-week high.

Volatility

Bitcoin Cash USD’s last day and last week average volatility is a positive 4.75% and a positive 7.96%, respectively. Bitcoin Cash USD’s high and low amplitude percentage in the last week was 12.53%.

News about Bitcoin

Bitcoin surges to fresh record high and looks set to break the $25,000 level: ‘merry bitmas’. According to Business Insider on Fri Dec 25, “However, Bitcoin investors – known for their unquenchable optimism – think this is just the start.”, “Bitcoin has a current market cap of about $350 billion, while that of gold’s stands at roughly $10 trillion.”

Bitcoin miners in nordic region get a boost from cheap power. According to Bloomberg Quint on Sun Dec 27, “”We have seen a notable up-tick in investor appetite for Bitcoin mining opportunities in Norway,” said Tyler Page, a business developer at Bitfury. “, “The resulting glut in the most important raw material for making the virtual coins coincided with a year when the price of Bitcoin tripled.”

Bitcoin faces regulatory scrutiny after record-breaking rally. According to Bloomberg Quint on Sun Dec 27, “”What’s happening now — and it’s happening faster than anyone could ever imagine — is that Bitcoin is moving from a fringe esoteric asset to the mainstream,” said Matt Hougan, chief investment officer of Bitwise Asset Management. “, “While none of those reasons for buying Bitcoin comport with its origins as an alternative to fiat currencies, they do point to a growing acceptance of crypto as an asset class of its own. “

Bitcoin on longest winning run since 2019 after hitting record. According to Bloomberg Quint on Mon Dec 28, “Bitcoin climbed as much as 3.6% on Monday and was trading at about $27,150 as of 1 p.m. in Tokyo. “, “Bitcoin has divided opinion as its price more than tripled in 2020 amid a worsening pandemic. “