Gate News Bot Message, December 19th, according to CoinMarketCap data, as of press time, BCH (Bitcoin Cash) is trading at $585.72, up 7.47% in the past 24 hours, with a high of $589.18 and a low of $520.35. The current market capitalization is approximately $11.696 billion, an increase of $813 million compared to yesterday.
Bitcoin Cash is committed to providing better monetary solutions worldwide. The token features no overdraft limits, no border restrictions, no refund limits, and funds are not frozen. It supports individual users to participate through wallets, exchanges, and other channels, while also providing full node support for mining pools and exchanges. Developers can utilize related tools for development and building.
Recent important news about BCH:
1️⃣ Long-term holders’ rebalancing drives market activity
A long-dormant wallet became active again after 9 years and significantly rebalanced in the past two weeks, exchanging 4,619 ETH (worth $13.42 million) for 24,950 BCH. This large transaction reflects new interest from major investors in BCH, indicating that key market participants have a positive outlook on BCH’s fundamentals. Such large on-chain transactions often serve as important market sentiment indicators.
This message is not investment advice. Please be aware of market volatility risks.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
CoinDesk 20 performance update: Bitcoin (BTC) trades flat while altcoins rise
The CoinDesk 20 Index shows an uptick of 0.7% to 1909.43, with 19 assets rising. NEAR and AVAX lead with gains of 5.8% and 3.6%, while BTC and XLM remain unchanged.
CoinDesk9m ago
CoinDesk 20: Bitcoin trades sideways, altcoins rise across the board
CoinDesk Indices reports daily market updates, highlighting leading and lagging cryptocurrencies in the CoinDesk 20 Index. The index currently stands at 1,909.43 points, up 0.7%, with 19 out of 20 assets in the green, led by NEAR and AVAX.
TapChiBitcoin22m ago
Maji Big Brother opened new BTC and HYPE long positions 4 hours ago, with a total position value of $15.77 million
Gate News update, April 3, Hyperbot data shows that Brother MaJi opened a 40x-leverage BTC long position 4 hours ago (position size: 11 BTC) and a 10x-leverage HYPE long position (position size: 10k HYPE). In addition, he also holds a 25x-leverage ETH long position (position size: 7,171 ETH). Currently, the total position value is $10k, with an unrealized loss of about $196k.
GateNews49m ago
Cardano Foundation asset allocation is diversified, with ADA’s share reduced to 51.6% and BTC’s share increased to 25.5%.
The latest report from the Cardano Foundation shows that its asset structure is shifting from reliance on ADA toward more diversified allocations. By the end of 2025, the ADA share is expected to fall to 51.6%, while the Bitcoin share increases to 25.5%. Total assets amount to CHF 287.5 million, down by about 45% compared with the end of 2024. The reserve system will move from a single token to a more diversified configuration.
GateNews1h ago
