Bitcoin Cash USD On Bullish Momentum: 9.93% up in the last 6 hours

Bitcoin Cash USD is currently on bullish momentum. At 04:06 PM EST on Sunday December 20, Bitcoin Cash USD is at $ 344.67 and up 9.93% in the last 6 hours.

Bitcoin Cash USD range

Over the last six hours, the higher value of Bitcoin Cash USD was $ 344.67 and the lower value was $ 313.55.

Over the last twelve hours, the higher value of Bitcoin Cash USD was $ 344.67 and the lower value was $ 313.55.

In terms of Bitcoin Cash USD daily lows, it is 9.925% up from its 24-hour low of $ 313.55

In terms of Bitcoin Cash USD annual highs and lows, it is 147.572% up from its 52-week low and 30.091% down from its 52-week high.

News about Bitcoin

Bitcoin extends record-setting rally, surpassing $ 21,800. According to Bloomberg Quint on Thu Dec 17, “Bitcoin extended a record-breaking rally, taking the world’s largest cryptocurrency past $ 21,800 for the first time.”, “Bitcoin has more than tripled this year, a surge that is polarizing opinion . “

Bitcoin is at the top of $ 22,000 and strategists say the rally has to go further. According to Bloomberg Quint on Thu Dec 17, “Bitcoin and the broader Bloomberg Galaxy Crypto Index have more than tripled this year.”, “Bitcoin’s shortage coupled with” cashback printing “by the Federal Reserve means the digital ticket should climb to eventually about $ 400,000, Scott Minerd, chief investment officer at Guggenheim, told Bloomberg TV on Wednesday. “

Bitcoin strikes a new all-time high of $ 23,000, extending its wild 2020 rally. According to CNBC on Thu Dec 17, “Bitcoin only hit the $ 20,000 mark on Wednesday.”, “Bitcoin’s performance in 2020 has reminded many market watchers of its frenzied rally to nearly $ 20,000 in 2017, followed by a sharp handicap the following year. “

Quants ride into the wild west of crypto in the 500% Bitcoin comeback. According to Bloomberg Quint on Thu Dec 17, “Fragmented liquidity and a top-to-bottom trading range of more than 500% this year are proving friend and foe to exotic foes trying to exploit the crypto Wild West – without were killed by the infamous Bitcoin Volatility. “,” When it went to play on Bitcoin this year, it was based on a judgment call rather than any systematic signals. “

Bitcoin is up 200% this year. investment pros say the price could reach $ 400,000. According to MarketWatch on Thursday December 17,

Exchange Bitcoin exchange coinbase files for initial public offering. According to The Wall Street Journal on Thursday December 17,

Popular crypto exchange coinbase files secretly to take itself public as Bitcoin price soars to record above $ 23,000. According to MarketWatch on Thursday December 17,

US largest cryptocurrency exchange coinbase files for IPO as Bitcoin climbs past $ 23,000. According to CNBC on Thu Dec 17, “Bitcoin has attracted a lot of investor attention lately, and Paul Tudor Jones and Stanley Druckenmiller are among those who have come out in favor of the cryptocurrency.”

How to invest in Bitcoin: the main ways to buy, their advantages and disadvantages, and the strategies to consider. According to Business Insider on Web Dec. 18, “Square’s Cash App is another platform that includes bitcoin trading, while Swan Bitcoin is an app that allows users to automatically invest in the cryptocurrency on a regular basis.”, “Trust Grayscale Bitcoin charges annual management. 2% fee, for example. “

A new crypto fund CIO that has returned 220% to investors this year explains why Bitcoin is at the top of $ 20,000 for the first time ever this week – and shares another digital currency that is due to…. According to Business Insider on Sat Dec 19, “At one point Bitcoin was being destroyed by serious investors like bubble or Ponzi scheme.”, “” That’s a sign from a well-established financial institution that there’s more to crypto than Bitcoin, “he said.”

Crypto FOMO makes even a 350% premium on Bitcoin look appealing. According to Bloomberg Quint on Sat Dec. 19, “A rough calculation of the back of the envelope suggests that investors, at a 34% premium, pay the equivalent of $ 30,522 if Bitcoin’s price is $ 22,800 a penny.” , “Nate Geraci, president of Shop ETF, an investment advisory firm,” says the premiums exhibit “a strong investor demand for Bitcoin exposure through methods other than direct ownership or through crypto exchanges.”

Source