Over the previous 24 hours, Bitcoin Cash’s (CRYPTO: BCH) rate increased 12.82% to $ 381.96 This continues its favorable pattern over the previous week where it has actually experienced a 30.0% gain, moving from $290.35 to its existing rate. As it stands today, the coin’s all-time high is $3,785.82
The chart listed below compares the rate motion and volatility for Bitcoin Cash over the previous 24 hours (left) to its rate motion over the previous week (right). The gray bands are Bollinger Bands, determining the volatility for both the weekly and everyday rate motions. The larger the bands are, or the bigger the gray location is at any given minute, the bigger the volatility.
Bitcoin Cash’s trading volume has actually climbed up 72.0% over the previous week, relocating tandem, directionally, with the general distributing supply of the coin, which has actually increased 0.04%. This brings the distributing supply to 19.02 million, that makes up an approximated 90.55% of its max supply of 21.00 million. According to our information, the existing market cap ranking for BCH is # 25 at $7.27 billion.
This short article was produced by Benzinga’s automated material engine and evaluated by an editor.
