Bitcoin Cash

Bitcoin Cash is a peer-to-peer electronic cash system that aims to become sound global money with fast payments, micro fees, privacy, and high transaction capacity. In the same way that physical money, such as a dollar bill, is handed directly to the person being paid, Bitcoin Cash payments are sent directly from one person to another. As a decentralized cryptocurrency, Bitcoin Cash requires no trusted third parties and no central bank.

Bitcoin Cash was created in August 2017 as a hard fork of Bitcoin. A hard fork is a software modification that splits a single cryptocurrency into two.

Bitcoin Cash is a peer-to-peer electronic cash system that aims to become sound global money with fast payments, micro fees, privacy, and high transaction capacity. As a decentralized cryptocurrency, Bitcoin Cash requires no trusted third parties and no central bank. 

Unlike Bitcoin, Bitcoin Cash believes becoming a medium of exchange is a more effective way to become adopted as a form of money, rather than prioritizing status as a store of value.

Similar to Bitcoin, Bitcoin Cash has a hard supply cap of 21 million. 

Bitcoin Cash is more progressive and adaptive to technology upgrades than its more conservative counterpart, Bitcoin. Bitcoin Cash implements upgrades on a bi-annual basis.

Bitcoin Cash (CRYPTO: BCH) is trading lower by 7.04% to $119.80 during Tuesday's session after August CPI data showed worse-than-expected inflation. This has driven a risk-off sentiment and has also raised the potential for further Fed policy tightening to curb inflation.

What In The World Is Going On With Bitcoin Cash Today?

ApeCoin

Bitcoin cash fell to a two-month low on Wednesday, as a red wave swept through cryptocurrency markets. The token dropped by over 10% during today's session, hitting its lowest level since July. Apecoin saw a similar fate, plunging by over 10%.

Biggest Movers: BCH, APE Fall to 2-Month Lows on Wednesday

The price of Bitcoin Cash (BCH) is in a downward correction as the altcoin drops to the low of $111.84. The current level is the historical price from August 19.

Bitcoin Cash Revisits $110 Support Thrice as It Resumes a Sideways Move

Bitcoin Cash (BCH) is in a downtrend as the altcoin fell to a low of $111 on August 28.

Bitcoin Cash Reaches the Oversold Region as Buyers Defend the $110 Support

The price of Bitcoin Cash (BCH) has regained momentum after a recent drop to a low of $113. On August 20, BCH rose above current support to reach a high of $140, but then fell back.

Bitcoin Cash Rebounds as Bulls Revisit the Previous High of $164

The price of Bitcoin Cash (BCH) resumed its downward correction as it breaks below the 21-day line SMA.

Bitcoin Cash Slumps as It Faces Rejection at $164 Upper Resistance Level

Bitcoin Cash (BCH) traded above its moving average lines last week. Initially, the bears failed to sustain the momentum below the moving average lines as the bulls halted the decline.

Bitcoin Cash Bulls Stall Decline as They Face another Rejection at $134

Bitcoin Cash (BCH) is trading in the bullish trend zone as the price breaks above the moving average lines. On August 02, the cryptocurrency sank above the moving average lines as it made another upward move.

Bitcoin Cash Retraces above $128 Support as Bulls Attempt to Breach Recent High

Uniswap

Uniswap was trading over 20% higher in Thursday's session as the token rose to its highest point since April. This comes as crypto markets surged on Tuesday, in the aftermath of the Fed rate decision. Bitcoin cash moved to a six week high on the news. The global crypto market cap is 6.

Biggest Movers: UNI, BCH Surge by Over 20%, Hitting Multi-Month Highs

The price of Bitcoin Cash (BCH) resumed its downward correction as it fell below the 50-day line SMA. The cryptocurrency is now fluctuating between the moving average lines. The altcoin is above the 21-day line SMA but below the 50-day line SMA.

Bitcoin Cash Is in a Downtrend as Bulls and Bears Remain Indifferent

As an institutional investor, Saylor said he would need to wait until the protocol is complete before making a decision on its value — but Ethereum may not be stable for three years.

Michael Saylor Attacks Ether and Says Bitcoin Cash Was a 'Horrific Mistake'

The price of Bitcoin Cash (BCH) is in a downward correction after rallying and getting stuck at the 50-day line SMA. Since July 13, BCH has been trading marginally as it crossed the 21-day line SMA but failed to break the 50-day line SMA.

Bitcoin Cash Is Stuck Below $139 as It Fails to Regain Bullish Momentum

Shiba Inu

Shiba inu was trading close to a two-month high on Tuesday, despite prices marginally falling from yesterday's peak. As of writing, prices of the meme coin remained elevated, despite earlier gains easing. Bitcoin cash was also higher, rising for a seventh consecutive session.

Biggest Movers: SHIB Remains Close to 2-Month High, as BCH Extends Recent Gains

The price of Bitcoin Cash (BCH) is in a downward correction as the altcoin has regained the previous low of $97. The upward correction from July 8 was repelled by the 21-day line SMA. The cryptocurrency fell to the previous low of June 30, which is the $97.32 support.

Bitcoin Cash Reaches the Oversold Region as It Pauses Above $97

Ethereum Classic

Shares of several popular altcoins, including Bitcoin Cash (CRYPTO: BCH) and Ethereum Classic (CRYPTO: ETC), are trading lower Monday in sympathy with apex cryptocurrency Bitcoin (CRYPTO: BTC) and second-largest market cap crypto, Ethereum (CRYPTO: ETH). The broader cryptocurrency sector was lower throughout weekend trading, and volatile throughout Monday's trading session amid ongoing U.S. economic concerns and ahead of this week's CPI report.

Why Bitcoin Cash And Ethereum Classic Are Diving Today

The price of Bitcoin Cash (BCH) is in a downward correction as the altcoin falls well below its moving average lines. On June 16, BCH fell to a low of $107 and continued to consolidate above current support. On June 28, BCH fell further to the low of $102 and continued another consolidation.

Bitcoin Cash Bulls Stall Decline as Altcoin Resumes Consolidation above $102

It's no secret several popular altcoins, including Bitcoin Cash (CRYPTO: BCH) and Ethereum Classic (CRYPTO: ETC), have experienced marked weakness throughout the month of June. Crypto has traded lower in June in tandem with major U.S. indices, which are also experiencing weakness after the Federal Reserve in June raised its target fed funds rate by 75 basis points to a.

Why Bitcoin Cash And Ethereum Classic Were Obliterated In June

Bitcoin Cash (BCH) price is in a downtrend as the altcoin declines to the low of $102. The cryptocurrency has fallen significantly as bears broke below the previous low of $107. The crypto's price reached bearish exhaustion as the altcoin trades in the oversold region of the market.

Bitcoin Cash Falls Significantly But May Hold Above $102

The price of Bitcoin Cash (BCH) is in a downtrend as the altcoin fell to a low of $107 on June 16. Selling pressure has already breached the previous lows of $150 and $124. The current low of $107 indicates that the market has reached the oversold area of the market. Last week, the altcoin fluctuated between $107 and $130.

Bitcoin Cash Consolidates Above $107 as Buyers Recoup Above It

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Internet Computer

Zcash

The recent plunge experienced in the cryptocurrency market has caused billions of dollars to flow out of the sector. As a result, the majority of cryptocurrencies are at a fraction of their values at all-time highs.

Cryptocurrencies Down The Most From All Time Highs, And No, It's Not DOGE Or SHIB

Polygon

On a day where bitcoin broke out of its $20,000 support point, BCH bounced on its own floor, climbing higher on Saturday. BCH was up by nearly 7% to start the weekend, whilst MATIC fell to its lowest point since last April. Bitcoin Cash (BCH) Despite yet another red wave in crypto markets on Saturday, […]

Biggest Movers: BCH Higher to Start the Weekend, MATIC Hits 15-Month Low

Shares of several popular altcoins, including Bitcoin Cash (CRYPTO: BCH), are trading lower in sympathy with apex cryptocurrency Bitcoin (CRYPTO: BTC) and second-largest market cap crypto Ethereum (CRYPTO: ETH).  Crypto is likely trading lower in tandem with major U.S. indices, which are also.

Why Bitcoin Cash Is Nosediving Today

The price of Bitcoin Cash (BCH) has come under renewed selling pressure after falling below the previous low of $150. Prior to the recent breakout, the cryptocurrency was in a sideways movement between $170 and $210 price levels.

Bitcoin Cash Reaches Bearish Exhaustion as It Fluctuates Above $100

Shares of several popular altcoins, including Bitcoin Cash (CRYPTO: BCH), are trading lower again Monday in sympathy with apex cryptocurrency Bitcoin (CRYPTO: BTC) and second-largest market cap crypto Ethereum (CRYPTO: ETH).  Crypto is likely trading lower in tandem with major U.S. indices, which are lower following worse-than-expected May CPI.

Why Bitcoin Cash Is Falling Today

Bitcoin

Ethereum

Litecoin

PayPal now allows select users to transfer Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH) and Litecoin (LTC) directly between the platform and external crypto addresses. In a new statement, Jose Fernandez da Ponte, Paypal's senior vice president and general manager for blockchain, crypto & digital currencies, says the payments giant is beefing up support for […] The post Tech Giant PayPal Beefs Up Support for Bitcoin (BTC), Ethereum (ETH) and Two More Crypto Assets appeared first on The Daily Hodl.

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