2020-4-8 18:34 |
One-third of the circulating supply of Bitcoin Cash has never moved on-chain
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Research firm Chainalysis reports that one-third of the total Ether supply is held by 376 people.
2019-5-17 22:55 | |
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Bitcoin Cash price has staged a significant rebound over the past few days, pushing the BCH token back into a short-term uptrend. The recovery comes after the Bitcoin Cash price plunged to a low of around $455 on October 17, a level that marked the end of a month-long consolidation phase. Since then, buyers have […]
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Bitcoin Cash (BCH) has been experiencing a notable price surge recently, largely due to a shift in investor sentiment as Bitcoin (BTC) enters a consolidation phase. The BCH price surge has drawn attention, particularly with its inverse correlation to Bitcoin’s current price movement.
The last 24 hours marked another major decrease in BCH price as it dropped to $300. It has found support above this level, but there’s no assurance if it will hold for long in the latest down surge.
Bitcoin Cash (BCH) remains well below its all-time high and continues to hover within an accumulation range that goes back seven years. In recent trading, BCH has struggled to break higher and formed a descending triangle following rejection around $640 in early December.
The cryptocurrency market experiences positive sentiments as Bitcoin nears $100K after topping $97K. Amidst the bullish trends, Bitcoin Cash (BCH) surpassed the $10 billion market cap after significant 24-hour surges.
Bitcoin Cash price rallied alongside Bitcoin (BTC) in recent weeks, rising from lows of $321 earlier this month to hit $488 across exchanges. The level is the highest for BCH price since early June, when the altcoin fell below $500.