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Price Analysis

Bulls Honk The Horns On Bitcoin Cash (BCH) Today

Bitcoin Cash price has embarked the uptrend. The same reflects no legs on the intraday trading. The market was dealing at $24 billion market cap, and today it is at $25 billion. Bitcoin has also taken the high road, but strangely the volume is depreciating after the inclination.

Bitcoin Cash is also a similar trend as Bitcoin. The opening hours were at quite a good momentum, but the now there is slight downtrend noted in the BCH price.

BCH to USD Price Comparison:

Bitcoin Cash price chart is taken from TradingView on 1st September 2019, at 05:31:15 UTC.

BCH price chart
BCH price chart by TradingView

Yesterday, the BCH coin opened at $278.2795. Bitcoin Cash price escalated from $278.2795 to $280.6500 by 0.85%. BCH coin started slipping after touching $280. Towards the end of the day, the price of Bitcoin Cash price jumped from $274.4925 to $283.9455 by 3.44%. BCH coin closed at $278.4818. The intraday progression was of 0.08%. Today, the Bitcoin Cash opened at $278.4818. Later, the BCH coin price jumped from $278.4818 to $281.4883 by 1.08%.

Current Statistics of Bitcoin Cash:

  • BCH price is trading at $279.5870.
  • The ROI is marked as -49.51%.
  • 24-hour volume is at $1,131,999,058.
  • The market cap is noted as $5,046,039,508.
  • Circulating Supply has 17,978,788 BCH.

Bitcoin Cash Price Prediction and Conclusion:

Bitcoin Cash has a high prospect of an upsurge in the future. The investment in the BCH coin is likely to bring a considerable return in the coming days. The coin is dealing at the 4th rank in the list of top cryptocurrencies and has been holding it tight.

As per past data and present price movement, Bitcoin Cash is likely to cross its 30-Day highest of $353 by the end of the year. We would recommend going for a long-term investment. The specified period would help the traders get the expected result.

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Roxanne Williams

Roxanne Williams has recently joined as a market reporter for CryptoNewsZ - the 24/7 crypto news site, where she produces recent stories, technical analysis and price updates on world's leading cryptocurrencies.

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