Bitcoin Gold (BTG) Trading 3.8% Higher Over Last 7 Days

Bitcoin Gold (BTG) traded 9.3% lower against the dollar during the one day period ending at 9:00 AM ET on June 5th. One Bitcoin Gold coin can now be bought for $0.29 or 0.00000465 BTC on exchanges. Bitcoin Gold has a market cap of $5.07 million and $951.04 worth of Bitcoin Gold was traded on exchanges in the last 24 hours. In the last seven days, Bitcoin Gold has traded 3.8% higher against the dollar.

Here is how other cryptocurrencies have performed in the last 24 hours:

• Zcash (ZEC) traded down 39.4% against the dollar and now trades at $317.32 or 0.00509971 BTC.
• Horizen (ZEN) traded 15.2% lower against the dollar and now trades at $4.37 or 0.00007024 BTC.
• Pirate Chain (ARRR) traded 13.1% lower against the dollar and now trades at $0.31 or 0.00000501 BTC.
• Komodo (KMD) traded 9.9% higher against the dollar and now trades at $0.10 or 0.00000164 BTC.
• ZClassic (ZCL) traded 35.3% lower against the dollar and now trades at $0.28 or 0.00000449 BTC.

About Bitcoin Gold

Bitcoin Gold (BTG) is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. Its launch date was October 25th, 2017. Bitcoin Gold’s total supply is 17,513,924 coins. The Reddit community for Bitcoin Gold is https://reddit.com/r/bitcoingoldhq and the currency’s Github account can be viewed here. The official message board for Bitcoin Gold is forum.bitcoingold.org. The official website for Bitcoin Gold is btgofficial.org. Bitcoin Gold’s official Twitter account is @bitcoingold and its Facebook page is accessible here.

According to CryptoCompare, “BTG is a cryptocurrency with Bitcoin fundamentals, mined on common GPUs instead of specialty ASICs. This type of equipment tends to monopolize mining to a few big players, but GPU mining means anyone can mine again – restoring decentralization and independence. GPU mining rewards go to individuals worldwide, instead of mostly to ASIC warehouse owners, recreating network effects that Bitcoin used to have. Telegram, Discord, Facebook, Youtube, Reddit, Medium”

Bitcoin Gold Coin Trading

It is usually not currently possible to buy alternative cryptocurrencies such as Bitcoin Gold directly using U.S. dollars. Investors seeking to acquire Bitcoin Gold should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Bitcoin Gold using one of the aforementioned exchanges.

BTG/USD price chart by TradingView