Bitcoin Cash (BCH) Market Cap Tops $12.10 Billion

Bitcoin Cash (BCH) traded down 8.4% against the U.S. dollar during the 24 hour period ending at 16:00 PM ET on April 10th. Bitcoin Cash has a market capitalization of $12.10 billion and approximately $1.07 billion worth of Bitcoin Cash was traded on exchanges in the last day. One Bitcoin Cash coin can currently be bought for approximately $614.36 or 0.00880100 BTC on major exchanges. During the last seven days, Bitcoin Cash has traded up 8% against the U.S. dollar.

Here’s how similar cryptocurrencies have performed during the last day:

• Bitcoin (BTC) traded up 1.4% against the dollar and now trades at $69,805.82 or 1.00000000 BTC.
• Arweave (AR) traded down 4.4% against the dollar and now trades at $30.69 or 0.00043961 BTC.
• Bitcoin SV (BSV) traded down 1.8% against the dollar and now trades at $93.72 or 0.00134257 BTC.
• eCash (XEC) traded down 2.4% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Syscoin (SYS) traded down 1.1% against the dollar and now trades at $0.27 or 0.00000390 BTC.

Bitcoin Cash Profile

Bitcoin Cash (BCH) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It was first traded on August 1st, 2017. Bitcoin Cash’s total supply is 19,689,725 coins. The official message board for Bitcoin Cash is bitcointalk.org. Bitcoin Cash’s official Twitter account is @bitcolncash and its Facebook page is accessible here. The Reddit community for Bitcoin Cash is /r/Bitcoincash and the currency’s Github account can be viewed here. The official website for Bitcoin Cash is www.bitcoincash.org.

According to CryptoCompare, “Bitcoin Cash (BCH) is a decentralized cryptocurrency created in 2017 through a hard fork of the Bitcoin blockchain. It has a larger block size than Bitcoin, allowing for faster and cheaper transactions. Bitcoin Cash can be used as a means of exchange and store of value and is gaining acceptance among merchants and businesses worldwide. It was created by a group of developers and miners who believed that Bitcoin needed modifications to address scalability issues. The main developer team was initially called “Bitcoin ABC,” but development has since become more decentralized.”

Buying and Selling Bitcoin Cash

Investors seeking to trade Bitcoin Cash using U.S. dollars directly can do so using Gemini, GDAX or Changelly.

BCH/USD price chart by TradingView