Bitcoin Cash (BCH-USD) Cryptocurrency Slides By 53% In The Last 14 Days

Bitcoin Cash (BCH-USD) Cryptocurrency is currently on bearish momentum by 53.41% in the last 14 days. At 03:48 EST on Saturday, 22 May, Bitcoin Cash (BCH-USD) is at $631.09.

Bitcoin Cash (BCH-USD) Range

Regarding Bitcoin Cash’s daily highs and lows, it’s 2.74% up from its trailing 14 days low of $614.24 and 60.93% down from its trailing 14 days high of $1,615.39.

Social Status

Currently, Bitcoin Cash (BCH-USD) has 541815 Reddit subscribers.

Volatility

Bitcoin Cash’s last week, last month’s, and last quarter’s current volatility was a negative 7.48%, a positive 0.04%, and a positive 5.29%, respectively.

Bitcoin Cash’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 10.54% (last week), 7.26% (last month), and 5.29% (last quarter), respectively.


Crypto Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Bitcoin Cash’s crypto is considered to be overbought (>=80).

News about Bitcoin

Cathie wood buys more Tesla amid musk Bitcoin spat, burry shorts. According to Bloomberg Quint on Wednesday, 19 May, “Read more: Musk Splits From Cathie Wood’s Ark on Bitcoin Environmental CostSome of that retreat is likely down to Musk, who fueled a slump in the largest cryptocurrency after hitting out at the token’s high energy demands and reversing a decision to accept it as a form of payment.”, “With Ark a big proponent of Bitcoin and a believer in its green credentials, it’s all adding to recent drama in the world of speculative tech. “

Bitcoin rally was so huge it was worth the risk-adjusted twists. According to Bloomberg Quint on Wednesday, 19 May, “Consider its trajectory since the end of last September, when Bitcoin embarked on a meteoric rise. “, “As scary as the sudden wipeout is, the gains have been so enormous that — even adjusted for risk — Bitcoin has done way better than other major assets.”

Bitcoin erases all gains since Elon Musk’s initial big embrace. According to Bloomberg Quint on Wednesday, 19 May, “He announced that Tesla would suspend car purchases using the token and called recent energy consumption trends “insane.” Over the weekend, after insinuating his EV company might have sold its Bitcoin holdings, he sent out tweets clarifying that it hadn’t. “, “The mood music grew darker over the weekend, with Bitcoin dropping about 15% as Musk doubled-down on his criticism of the cryptocurrency’s environmental load.”

More news about Bitcoin Cash (BCH-USD).