Daily status update: Bitcoin Cash – Thursday the 23rd of May

Daily status update: Bitcoin Cash – Thursday the 23rd of May

* For the latest Bitcoin Cash marketcap, price stats & figures and investment stats, check: https://coincheckup.com/coins/bitcoin-cash
* You’ll find the latest Bitcoin Cash news over here: https://coincheckup.com/coins/bitcoin-cash/news

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Crypto tags:
#BitcoinCash #BCH #BitcoinCashDailyUpdate #Cryptocurrency #Crypto

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Transcript:

0:00:00 Hi Crypto Tubers. Here are some quick daily insights in Bitcoin Cash for Today, Thursday the 23rd of May

0:00:06 Bitcoin Cash has lost 7.19% over the past 24 hours.

And lost 7.5% of its value in the last 7 days.

0:00:15 1 BCH currently retails for $385.15 which is 0.0504 bitcoin.

0:00:22 Its marketcap is: $6,854,618,884 .

With a 24 hour volume of: $2,363,777,152

0:00:36 The 7-day technical analysis of Bitcoin Cash gives an average BUY signal.

0:00:40 4 indicators showing a SELL-Signal. 11 showing a NEUTRAL-signal and 11 showing a BUY-signal.

0:00:46 CoinCheckup’s Algo scores Bitcoin Cash at 82.25% strength.

And it currently ranks number 33 on CoinCheckup.com, based on its Algo-Score.

0:00:55 The main news items in the last 24 hours, related to Bitcoin Cash are:

0:00:59 – Europol Shuts Down $200 Million Crypto Mixing Service Bestmixer

0:01:04 – Crypto Market Approaching Next Break: BNB, Litecoin, Bitcoin Cash, TRX Analysis

0:01:10 – US Copyright Office Responds to Craig Wright’s Bitcoin Registrations

0:01:14 – Bitcoin Cash’s [BCH] Roger Ver: Kudos to those who hijacked original BTC and made it expensive, complicated

0:01:21 You’ll find the full articles on our news page, linked in the description below.

0:01:25 Longer term analysis tells us that Bitcoin Cash’s 30 day volatility has been 32.88%,

And it’s 7 day volatility has been 15.88%.

0:01:34 Bitcoin Cash’s price ranged between $142.44 and $420.37 in the last 3 months,

0:01:42 which means it had a compound monthly growth rate of 43.44%, and an extrapolated compound annual growth rate of 74.86% over this period.

0:01:51 Over the last 6 months, the price of Bitcoin Cash ranged between $204.33 and $420.37,

0:01:59 rendering a compound monthly growth rate of 12.78%, and an extrapolated compound annual growth rate of 3.23% in this last half year period.

0:02:08 Bitcoin Cash is currently
90.59% lower than its all time high of $4,092

0:02:14 Thanks for watching this video.

0:02:16 This update is brought to you by “CoinCheckup News Updates” and is based on the latest data from CoinCheckup.com, The crypto research platform

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Other Credits:
Background music: Lost Within by A Himitsu (2)
https://soundcloud.com/search?q=A%20Himitsu%20%282%29
Creative Commons – Ask A Himitsu (2) for permission if you want to use this song.
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* Stats & Bitcoin Cash Data by: https://coincheckup.com | The crypto research platform.
* Created with: https://content2video.com technology | Creating videos out of your data.

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