Bitcoin Cash (BCH) Price Analysis: Volatility and Trading Volume
Over the past 24 hours, Bitcoin Cash’s price has fallen 3.94% to $447.59. This is in contrast to its positive trend over the past week, where it has experienced a 64.0% gain, moving from $273.13 to its current price.
The chart below compares the price movement and volatility for Bitcoin Cash over the past 24 hours to its price movement over the past week. The gray bands represent Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, the larger the volatility.
Bitcoin Cash’s trading volume has climbed 636.0% over the past week, moving in tandem with the overall circulating supply of the coin, which has increased 0.0%. The circulating supply currently stands at 19.66 million, making up an estimated 93.62% of its max supply of 21.00 million. According to our data, the current market cap ranking for BCH is #20 at $8.79 billion.
This data is powered by the CoinGecko API, providing real-time information on cryptocurrency prices and trends. It is important for investors and traders to stay informed about these metrics to make informed decisions about their investments.
This article was generated by Benzinga’s automated content engine and reviewed by an editor. Stay tuned for more updates on Bitcoin Cash and other cryptocurrencies as the market continues to fluctuate.
