Bitcoin to Cash exchange rate forecast: BCH/USD rises by one percent to $225 – 1.580 percent below the all-time high

On this day of trading is a very slight upward movement on the crypto market is observed. If, however, a real Trend grows, one can not yet foresee. The Top 10 crypto-currencies such as Bitcoin, Ethereum, and XRP all up between 0.5 and 2.5 percent. note Only exception to this is Bitcoin SV with mini-course losses to a minimum. Positive Cardano stands out, however. The Altcoin rises within 24 hours to just under seven per cent, and passing thus measured by its market capitalization of Litecoin.

A slight increase of 1.15 per cent can look forward to, investors of Bitcoin Cash. BCH/USD is listed currently at 225,24 Dollar and has recovered from its low point of the past seven trading days, significantly.

The most important facts about the BCH/USD exchange rate development

We consider the most important facts about the course of development of BCH/USD in the past trading week:

• The rate maximum in the past week was 234,45 dollars on the 25. June 12:31 CET.
• The course minium of the trading week, reaching BCH/USD on 27. June, 22:18 CET in 210,38 dollars.
• The Course of the past week is 222,41 dollars.

Thus, the BCH/USD moves in a course that is currently slightly above the weekly average value. The market capitalisation has risen in the past 24 hours to around 47.5 million dollars. Thus, the market capitalization of Altcoins amounts now to a total of 4.16 billion dollars. In the crypto-Ranking Bitcoin Cash is unchanged at number 5. The residue on XRP is more than 3.5 billion dollars. However, Bitcoin to Cash has a comfortable cushion of $ 1.2 billion in Bitcoin SV.

With the current price level at $ 225, investors have so far this year, a slight growth of almost 10 percent. In the light of the Corona-crisis, a considerable value. However, quoted BCH/USD in February at about 492 dollars, and has halved in contrast, his rate up again today more than. Almost 55 percent of the decline is. Compared to its low point of less than 150 dollars in March, the rate rose again to around 50 percent.

Bitcoin Cash Shitcoin called

While the Community of Bitcoin Cash was currently pleased with the recording as a tradable value in the crypto-App Bison of the Stuttgart stock exchange, press, other news, more on the mood. So Arthur Hayes, in his capacity of CEO of the crypto-exchange Bitmex spoke disparagingly about the Altcoin. He described the Kryptwährung in a Tweet as a “Shitcoin”. The statement surprised, because S#it was made in the Wake of a new trading opportunity in the trading-pair BHC/USD on the platform. Apparently, the Hayes does not affect you. It is also not the first Time that the Bitmex CEO makes corresponding statements. The Top Altcoin Ethereum is classified by him as a Shitcoin. Criticism there was of him, also on Bitcoin. One should not exaggerate his statements therefore.

Meanwhile, some analysts still expect a Bull Run in the crypto market this year that could bring Bitcoin might in the direction of its all-time highs. Bitcoin Cash is far from his best value to the year of 2017, currently for miles and miles. Of the then reached 3.785 dollars more than 1,580 percent off is BCH/USD currently.

Investors should keep in any case, as always, the courses daily in order to be able to in a timely manner to price changes.

The course information in the article is based on the crypto-currency chart from CoinMarketCap at the time of article publication.

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Image source: Photo by desert Igel