Bitcoin Cash 4 Hour Price Update
Updated July 24, 2020 11:19 PM GMT (07:19 PM EST)
The end of a 3 four-hour candle positive run has come for Bitcoin Cash, which finished the previous 4 hours down 1.03% ($2.45). Those trading within the Top Cryptos asset class should know that Bitcoin Cash was the worst performer in the class during the previous 4 hours.
238.62 (USD) was the opening price of the day for Bitcoin Cash, resulting in yesterday being one in which price moved down 0.67% ($1.6) from yesterday. As for how volume fared, yesterdays volume was up 18.26% from the previous day (Wednesday), and up 54.85% from Thursday of the week before. On a relative basis, Bitcoin Cash was the worst performer out of all 5 of the assets in the Top Cryptos asset class during yesterday. The daily price chart of Bitcoin Cash below illustrates.
Coming into today Bitcoin Cash is now close to its 20, 50 and 100 day averages, located at 232.14, 235.13 and 237.9 respectively, and thus may be at a key juncture along those timeframes. Trend traders will want to observe that the strongest trend appears on the 90 day horizon; over that time period, price has been moving down. Or to view things another way, note that out of the past 14 days Bitcoin Cashs price has gone down 8 them.
Over on Twitter, here were the top tweets about Bitcoin Cash:
My guilty pleasure is sleeping in an oversized Bitcoin Cash TShirt
@RyanSAdams @BanklessHQ It was done in the context of LINK making to the top 10.Grouping Cardano with Litecoin, Bitcoin Cash, Bitcoin Silver (shitcoins)as a project that has no place competing as a currency makes no sense. There was tribalism among AOL, Netcom,etc in Now we just call it the internet.
@lasvegaspokers I enjoy ACR a great deal, regardless of hiccups that occur from time to time. I was nervous about Bitcoin cash outs but my first two have been a great experience.
As for a news story related to Bitcoin Cash getting some buzz:
Bitcoin Cash Leading Dev Announces Bitcoin ABC is Moving Forward with the Grasberg DAA CoinSpice
Schet and Bitcoin ABC, however, found issues with Toomims proposal such as it was, ultimately preferring Grasberg.Bitcoin Cash Node (BCHN) lead maintainer freetrader took issue with Schets characterization of no concrete proposal having reached ABC.False: the concrete proposal (with code) of an integer-approximation ASERT by Jonathan Toomim reached ABC (and everyone else) and was discussed in the last DAA meeting, freetrader insisted in comments on read.cash.
Follow this link:
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