February 22, 2023

Cryptocurrency Bitcoin Cash Falls More Than 5% In 24 hours

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Over the past 24 hours, Bitcoin Cash’s (CRYPTO: BCH) price has fallen 5.06% to $139.51. This is opposite to its positive trend over the past week where it has experienced a 11.0% gain, moving from $127.09 to its current price.

The chart below compares the price movement and volatility for 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.

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© Provided by Benzinga
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The trading volume for the coin has risen 223.0% over the past week diverging from the circulating supply of the coin, which has decreased 0.13%. This brings the circulating supply to 19.32 million, which makes up an estimated 91.99% of its max supply of 21.00 million. According to our data, the current market cap ranking for BCH is #29 at $2.70 billion.

supply_and_vol

© Provided by Benzinga
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This article was generated by Benzinga’s automated content engine and reviewed by an editor.

© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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This article Cryptocurrency Bitcoin Cash Falls More Than 5% In 24 hours originally appeared on Benzinga.com

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