Bitcoin Cash USD On Bearish Momentum: 6.82% Down In The Last 12 Hours – Via News Agency

Bitcoin Cash USD is currently on bearish momentum. At 20:05 EST on Friday, 29 January, Bitcoin Cash USD is at $404.53 and down by 6.82% in the last 12 hours.

Over the last six hours, Bitcoin Cash USDs higher value was $408.25 and the lower value was $403.77.

Over the last twelve hours, Bitcoin Cash USDs higher value was $432.13 and the lower value was $403.77.

About Bitcoin Cash USDs daily highs and lows, its 1.592% up from its trailing 24-hour low of $398.19 and 6.387% down from its trailing 24-hour high of $432.13.

In relation to Bitcoin Cash USDs yearly highs and lows, its 190.569% up from its 52-week low and 35.768% down from its 52-week high.

Bitcoin Cash USDs last day, last week, and last months average volatility was a positive 3.64%, a negative 1.07%, and a positive 1.54%, respectively.

Bitcoin Cash USDs last day, last week, and last months high and low average amplitude percentage was 6.86%, 8.60%, and 13.08%, respectively.

Skybridge's anthony scaramucci talks up new Bitcoin fund, crypto's 'exponential liftoff'. According to Business Insider on Wednesday, 27 January, "The SkyBridge Bitcoin Fund LP aims toprovidemass-affluent investors with an institutional-grade vehicle to gain exposure to Bitcoin. ", "SkyBridge initiated a position, valued at about $310 million earlier this month, in funds investing in Bitcoin during November and December 2020."

Cryptos young believers stoke a craze for Bitcoin penny stocks. According to Bloomberg Quint on Wednesday, 27 January, "Marathon Patent Group has computers in Montana and North Dakota, and recently announced it bought $150 million worth of Bitcoin for its Treasury reserves.", "And the fact that Bitcoin miners tend to be unprofitable or just barely in the black isnt much of a deterrent."

Bitcoin tumbles back below $30,000 as record momentum fades. According to Bloomberg Quint on Wednesday, 27 January, "Companies such as MicroStrategy Inc., Square Inc., and crypto miner Marathon Patent Group Inc. have all added some of their companys cash reserves into Bitcoin amid the rally."

Bitcoin might break down altogether, BIS head carstens warns. According to Bloomberg Quint on Wednesday, 27 January, "Investors must be cognizant that Bitcoin may well break down altogether," because the system becomes vulnerable to majority attacks as it gets close to its maximum supply of 21 million coins, BIS General Manager Agustin Carstens said in a speech for the Hoover Institution on Wednesday."

Microstrategy bond buyers rewarded with win-tie Bitcoin play. According to Bloomberg Quint on Thursday, 28 January, "When the enterprise software maker issued convertible debt in December with the intention of using the proceeds to add to its Bitcoin pile, the company opened a backdoor for bond investors to play the crypto craze.", "Even if Bitcoin goes down 30% to 40%, the company still has enough to pay this bond off easily."

Ray dalio calls Bitcoin one hell of an invention, considers it for new funds. According to Bloomberg Quint on Thursday, 28 January, "While Bitcoin has the potential to make investors "very rich" as well as "disrupt the existing monetary system," there are risks. ", "Dalio said he thinks of Bitcoin as a "long-duration option on a highly unknown future" and investing in it means recognizing the potential to lose about 80%."

Bitcoin investors May lose everything, central banker warns. According to Bloomberg Quint on Friday, 29 January, "On Friday, Bitcoin rallied above $35,000, with brokers attributing the move to Elon Musk mentioning the cryptocurrency in his bio page on Twitter.", "Still, Makhlouf doesnt see "financial stability issues at the moment arising from Bitcoin itself."

Bitcoin has leapt 17% after billionaire Elon Musk changes his twitter bio to '#Bitcoin'. According to Business Insider on Friday, 29 January, "Clearly the move is being cheered by the Bitcoin bulls," he said, and called the markets feverish trading around hot securities like Bitcoin and GameStop "risky."

Evolve files preliminary prospectus for Bitcoin ETF. According to Business Insider on Friday, 29 January, "TORONTO, Jan. 29, 2021 /CNW/ EvolveFunds Group Inc.("Evolve")is pleased to announce that it has filed a preliminary prospectus with the Canadian securities regulators for the Bitcoin ETF ("EBIT" or "the Fund"). ", "The Funds holdings will be priced based on the CME CF Bitcoin Reference Rate, a once-a-day benchmark index price for bitcoin denominated in U.S. dollars."

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Bitcoin Cash USD On Bearish Momentum: 6.82% Down In The Last 12 Hours - Via News Agency

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