Cryptocurrency Bitcoin Cash Decreases More Than 3% Within 24 hours

Bitcoin Cash (CRYPTO: BCH) The price fell 3.5% in the past 24 hours to $387.76, extending its downtrend over the past week by -8.0%, moving from $427.48 to its current price.

The chart below compares price action and volatility in Bitcoin Cash over the past 24 hours (left) with price action over the past week (right). The gray bars are Bollinger bands, which measure the volatility of both daily and weekly price movements. The wider the bands, or the greater the gray area at any given moment, the greater the volatility.

Coin trading volume is up 5.0% over the past week, diverging from circulating supply of the coin, which is down 0.05%. This brings the circulating supply to 18.95 million, which is an estimated 90.23% of the maximum supply of 21.00 million. According to our data, the current market cap of BCH is ranked 25th at 7.34 billion.

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