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There has been significant sideways fluctuation in the price of bitcoin recently, and it is currently trading in the $16,541 area. However, Bitcoin Cash, a spinoff of BTC, has seen its value drop after passing through the $105 threshold.
Bitcoin cash is attempting a fresh increase from the $88 zone against the US Dollar. The price is now trading above the $100 zone and the 55 simple moving average (4-hours).
The price of Bitcoin Cash (BCH) is in a downtrend after falling to a low of $87 on November 9. The current support held last week as the altcoin resumed its upward correction.
Bitcoin cash rose to a one-week high in today's session, despite crypto markets mostly trading lower. The global cryptocurrency market cap is down by 2.45% as of writing, which comes as traders reacted to rising geopolitical tensions. Polkadot was a notable token to slip, as prices collided with a key support point.
The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer's opinion The market structure was bearish for BCH on higher timeframes A move past $110 toward $115 would likely be a place of interest for bulls and bears Over the past two days, Bitcoin has
The Caribbean island nation's prime minister said that the country is looking into becoming the third nation, after El Salvador and the Central African Republic, to adopt a cryptocurrency.
After El Salvador, Saint Kitts and Nevis plans to adopt Bitcoin Cash (BCH) as a legal tender. In a conference, the prime minister and finance minister of the nation, Terrance Drew, unveiled their plan to propose BCH as a legal tender by next March.
The Caribbean nation of St. Kitts and Nevis could soon be joining the short but growing list of countries that are opting to adopt crypto as legal tender. In fact, the country may declare Bitcoin Cash (BCH)legal tender as early as March 2023.
The country's prime minister says it is consulting on the introduction of Bitcoin Cash on a legal basis, in spite of being within the territory of pioneering CBDC DCash.
Dr. Terrance Drew, the prime minister of dual-island Caribbean country Saint Kitts and Nevis (officially the Federation of Saint Christopher and Nevis), reportedly made the shocking announcement on 12 November 2012.
St. Kitts and Nevis will explore the possibility of making bitcoin cash legal tender by March 2023. The statement was made by St.
The Caribbean nation could join El Salvador and the Central African Republic in backing crypto.
St. Kitts and Nevis to adopted BCH as the legal tender in 2023 BCH could see some upside in the days to come thanks to investor optimism Bitcoin Cash [BCH] notably became less popular as the top cryptocurrencies segment became more crowded.
Bitcoin cash price started a fresh decline from the $125 zone against the US Dollar. The price is now trading below the $115 zone and the 55 simple moving average (4-hours).
Bitcoin Cash (CRYPTO: BCH), Ethereum Classic (CRYPTO: ETC), Litecoin (CRYPTO: LTC), Polygon (CRYPTO: MATIC), Shiba Inu (CRYPTO: SHIB) and Solana (CRYPTO: SOL) all spiked higher on heavy volume during U.S. pre-market trading and are trading around session highs Thursday afternoon. Several cryptocurrencies are trading higher in sympathy with major U.S. indices following key U.S.
The price of Bitcoin Cash (BCH), which reached a high of $124 on November 4, is now in an upward correction. The resistance area of $120 was strongly rejected by BCH the next day.
Bitcoin Cash (CRYPTO: BCH), Ethereum Classic (CRYPTO: ETC), Litecoin (CRYPTO: LTC) and Solana (CRYPTO: SOL) are all falling sharply Wednesday afternoon. Shares of several altcoins are trading lower during Wednesday's session following a CoinDesk report suggesting Binance is leaning toward scrapping the FTX acquisition.
Bitcoin Cash (CRYPTO: BCH) is trading sharply lower going into the close of Tuesday's U.S. trading session. The altcoin is lower by 13.00% to $102.
Bitcoin cash is attempting a fresh increase from the $112 zone against the US Dollar. The price is now trading above the $115 zone and the 55 simple moving average (4-hours).
Bitcoin Cash (BCH) is in an upward correction and is encountering resistance at $120. The cryptocurrency is bearish as it could hit a low of $110.
Bitcoin Cash has posted decent gains recently and climbed from $104 to $116 over the past week. At press time, the technical indicators showed the sentiment began to shift to bearish.
Bitcoin Cash (BCH) is in a downtrend, but is making an upward correction. The price of the cryptocurrency has risen above the moving average lines. However, the cryptocurrency is stuck below the 50-day line SMA.
Bitcoin Cash (CRYPTO: BCH) is trading higher by 4.29% to $113.42 during Tuesday afternoon. Shares of several altcoins are trading higher in sympathy with apex cryptocurrency Bitcoin and second-largest market cap crypto Ethereum and U.S. equities.
Bitcoin Cash price is entangled in a futile tug-of-war between the bulls and bears. This fruitless search for a bottom as the bear market wreaks havoc is not unique to the Bitcoin (BTC) fork.
