Bitcoin Cash (BCH) Reaches 1-Day Trading Volume of $889.64 Million

Posted by on Apr 16th, 2024

Bitcoin Cash (BCH) traded 11.4% lower against the U.S. dollar during the twenty-four hour period ending at 9:00 AM Eastern on April 16th. One Bitcoin Cash coin can now be bought for about $481.54 or 0.00763638 BTC on popular cryptocurrency exchanges. In the last week, Bitcoin Cash has traded down 28.3% against the U.S. dollar. Bitcoin Cash has a total market cap of $9.48 billion and $889.64 million worth of Bitcoin Cash was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

  • Bitcoin (BTC) traded down 4.1% against the dollar and now trades at $63,059.11 or 1.00000000 BTC.
  • Arweave (AR) traded 14.1% lower against the dollar and now trades at $24.74 or 0.00039226 BTC.
  • Bitcoin SV (BSV) traded 8.4% lower against the dollar and now trades at $65.89 or 0.00104487 BTC.
  • eCash (XEC) traded down 10.1% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
  • Syscoin (SYS) traded 3.7% lower against the dollar and now trades at $0.22 or 0.00000355 BTC.

Bitcoin Cash Coin Profile

Bitcoin Cash (BCH) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its launch date was August 1st, 2017. Bitcoin Cash’s total supply is 19,692,162 coins. Bitcoin Cash’s official website is www.bitcoincash.org. The official message board for Bitcoin Cash is bitcointalk.org. The Reddit community for Bitcoin Cash is /r/Bitcoincash and the currency’s Github account can be viewed here. Bitcoin Cash’s official Twitter account is @bitcolncash and its Facebook page is accessible here.

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.”

Bitcoin Cash Coin Trading

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

BCH/USD price chart by TradingView

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