Bitcoin Cash (BCH) Falls 4.29% in 24 Hours as Trading Volume Climbs 19%

Over the past 24 hours, Bitcoin Cash's BCH/USD price has fallen 4.29% to $323.87. This continues its negative trend over the past week where it has experienced a 8.0% loss

Bitcoin Cash price decreased by 4.29 percent in the last 24 hours to $ 323.87. This follows an 8 percent decline in the last week. In the last week, the price of BCH rose from $ 348.97 to its current price.

The chart below compares the Bitcoin Cash price movement over the last 24 hours (left) against the price movement over the past week (right). The gray bands are Bollinger Bands and measure volatility in both daily and weekly price movements. The wider the bands or the larger the gray area at any given moment, the higher the volatility.

According to data from CoinGecko, Bitcoin Cash transaction volume increased by 19 percent in the last week, which generally moved in the same direction as the circulating supply of coins, which increased by 0.09 percent. This brings the circulating supply to 19.75 million, which is approximately 94.06 percent of the maximum supply of 21 million. According to the data, BCH currently has a market cap ranking of 19th with $6.40 billion.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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