Bitcoin Cash drops more than 3% in 24 hours

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July 17, 2023 11:00 a.m. | 1 minute read

The price of Bitcoin Cash (CRYPTO:BCH) declined by 3.73% in the past 24 hours to $245.52, continuing its downward trend over the past week by -12.0%, rising from $279.21 to its current price.

The chart below compares Bitcoin Cash’s price movement and volatility over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger bands, measuring the volatility of daily and weekly price movements. The wider the bands, or the larger the gray area at any given time, the greater the volatility.

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The coin’s trading volume fell by 43.0% over the past week, while the coin’s circulating supply increased by 0.25%. This brings the circulating supply to 19.45 million, which is about 92.62% of its maximum supply of 21.00 million. According to our data, BCH’s current market cap ranking is #17 at $4.77 billion.

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

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