Bitcoin Cash Market Capitalization Tops $9.31 Billion (BCH)

Bitcoin Cash (BCH) traded 1% lower against the U.S. dollar during the one day period ending at 9:00 AM E.T. on April 27th. During the last seven days, Bitcoin Cash has traded down 3.5% against the U.S. dollar. Bitcoin Cash has a total market capitalization of $9.31 billion and $323.18 million worth of Bitcoin Cash was traded on exchanges in the last day. One Bitcoin Cash coin can now be purchased for about $472.60 or 0.00749453 BTC on exchanges.

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

• Bitcoin (BTC) traded down 1.2% against the dollar and now trades at $63,059.00 or 1.00000000 BTC.
• Arweave (AR) traded 0.2% lower against the dollar and now trades at $32.11 or 0.00050925 BTC.
• Bitcoin SV (BSV) traded 0.1% lower against the dollar and now trades at $65.23 or 0.00103442 BTC.
• eCash (XEC) traded 1.9% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Syscoin (SYS) traded 2.8% lower against the dollar and now trades at $0.22 or 0.00000346 BTC.

Bitcoin Cash Profile

Bitcoin Cash is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It launched on August 1st, 2017. Bitcoin Cash’s total supply is 19,697,916 coins. Bitcoin Cash’s official message board 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. Bitcoin Cash’s official website 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.”

Bitcoin Cash Coin Trading

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

BCH/USD price chart by TradingView