Bitcoin Cash 4 Hour Price Update

Updated May 27, 2020 11:18 PM GMT (07:18 PM EST)

Bitcoin Cash closed the last 4 hour candle down 0.39% ($0.9); this denotes the 3rd candle in a row a decrease has occurred. Relative to other instruments in the Top Cryptos asset class, Bitcoin Cash ranked 3rd since the last 4 hour candle in terms of percentage price change.

228.11 (USD) was the opening price of the day for Bitcoin Cash, resulting in yesterday being one in which price moved down 1.06% ($2.45) from yesterday. This move happened on lower volume, as yesterdays volume was down 22.25% from the day before and down 34.24% from the same day the week before. Out of the 5 instruments in the Top Cryptos asset class, Bitcoin Cash ended up ranking 2nd for the day in terms of price change relative to yesterday. Here is a daily price chart of Bitcoin Cash.

Coming into today Bitcoin Cash is now close to its 20 and 50 day averages, located at 239.44 and 239.95 respectively, and thus may be at a key juncture along those timeframes. The clearest trend exists on the 30 day timeframe, which shows price moving down over that time. For additional context, note that price has gone up 7 out of the past 14 days.

Over on Twitter, here were the top tweets about Bitcoin Cash:

Bitcoin Cash adoption cant happen until-the govt changes regulations-the economy collapses-bull run-anything that relies on a third party doing us a solid or completely screwing upWRONGBCH success relies on BCH doing the workPeriod.#BuildBCH #BitcoinCash

Bitcoin Cash has the potential to become the most popular cryptocurrency in the world

@KTrzeszczkowski @EmergentReasons I think Mitra doesnt compromise on any of the amazing properties Bitcoin Cash has, and actually complements it nicely (eg by allowing us to do stablecoins) while giving Bitcoin Cash the ability to compete in the same market as Ethereum, thus giving BCH more utility.

As for a news story related to Bitcoin Cash getting some buzz:

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Bitcoin Cash (BCH) Down $0.37 Over Past 4 Hours; Entered Today Down 1.06% - CFDTrading