Cryptocurrency

Bitcoin Cash Falls More Than 3% In 24 hours

  • August 26, 2024
  • 1 min read
Bitcoin Cash Falls More Than 3% In 24 hours

Over the past 24 hours, Bitcoin Cash’s price has fallen 3.76% to $346.46. This is opposite to its positive trend over the past week where it has experienced a 3.0% gain, moving from $336.39 to its current price.

The chart below compares the price movement and volatility of 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.

1724698944_0

The trading volume for the coin has risen 24.0% over the past week diverging from the circulating supply of the coin, which has decreased 0.12%. This brings the circulating supply to 19.75 million, which makes up an estimated 94.06% of its max supply of 21.00 million. According to our data, the current market cap ranking for BCH is #19 at $6.84 billion.

(This article was generated by automated content engine)

About Author

Amanda Shelton

Amanda Shelton is an experienced tech journalist who has been exploring the tech landscape for over a decade. Her work, featured in Wired, TechCrunch, and The Verge, covers the latest in artificial intelligence, cybersecurity, and consumer electronics. With a background in computer science and a knack for making complex topics accessible, Amanda is a trusted voice in the tech community.