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What currency is bch and what is the total circulation?

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Release: 2024-07-29 16:42:01
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The full name of BCH is Bitcoin Cash. It is a cryptocurrency born from the hard fork of Bitcoin in August 2017. Its total circulation is the same as Bitcoin, which is 21 million.

What currency is bch and what is the total circulation?

What coin is BCH?

BCH, full name Bitcoin Cash, is a cryptocurrency. It was born from a Bitcoin hard fork in August 2017.

What is the total circulation of BCH? The total circulation of

BCH is 21 million, which is the same as the total circulation of Bitcoin.

Bitcoin Cash (BCH) Price Surges

As of 12:00 on July 29, 2024, the price of Bitcoin Cash (BCH) has surged to $426.33, with 24-hour trading volume of $418,477,639.79.

Factors for Price Rise

The recent spike in BCH price has been attributed to the following factors:

  • Positive Regulatory Sentiment: Positive attitude towards cryptocurrencies from regulators has boosted market sentiment.
  • Technical Improvements: Continuous upgrades to the BCH network have improved transaction speed and security.
  • Mass Adoption: BCH is accepted by more merchants and service providers.

Future Price Trends

Technical analysts believe that the upward momentum in BCH price may continue. However, important resistance lies around $450, a breach of which would open the door to further gains.

Investor Recommendation

With this positive momentum, investors may consider buying BCH near current levels. However, it is important to do your own research and only invest money that you are willing to lose.

Short Term Forecast

In the short term, BCH price may fluctuate between $400 and $450. If any key resistance or support levels are breached, larger price movements may occur.

Indicator

  • Price: 426.33 USD
  • 24 hour trading volume: 418,477,639.79 USD
  • Circulating supply: 19,739,359.375 BCH
  • Total supply: 19,739,359.375 BCH
  • Market Cap: 841,557,7119.90 USD

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