Bitcoin Cash (BCH) Trading 1.1% Higher This Week

Bitcoin Cash (BCH) traded 1.2% higher against the U.S. dollar during the 1-day period ending at 8:00 AM Eastern on August 12th. In the last week, Bitcoin Cash has traded 1.1% higher against the U.S. dollar. Bitcoin Cash has a total market cap of $4.33 billion and approximately $140.96 million worth of Bitcoin Cash was traded on exchanges in the last day. One Bitcoin Cash coin can now be bought for about $215.94 or 0.00337374 BTC on major cryptocurrency exchanges.

Here is how related cryptocurrencies have performed in the last day:

• Arweave (AR) traded 0.7% lower against the dollar and now trades at $1.79 or 0.00002800 BTC.
• Bitcoin (BTC) traded 0.3% lower against the dollar and now trades at $64,007.34 or 1.00000000 BTC.
• Bitcoin SV (BSV) traded 0% lower against the dollar and now trades at $14.51 or 0.00022666 BTC.
• eCash (XEC) traded 1.3% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 0.3% higher against the dollar and now trades at $0.0020 or 0.00000003 BTC.

Bitcoin Cash Coin Profile

Bitcoin Cash (CRYPTO: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 20,074,231 coins. The official website for Bitcoin Cash is www.bitcoincash.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. The official message board for Bitcoin Cash is bitcointalk.org.

According to CryptoCompare, “Bitcoin Cash (BCH) is a hard forked version of the original Bitcoin. It is similar to bitcoin with regards to its protocol; Proof of Work SHA-256 hashing, 21,000,000 supply, same block times and reward system. However two main differences are the the blocksize limits, as of August 2017 Bitcoin has a 1MB blocksize limit whereas BCH proposes 8MB blocks. Bitcoin Cash is a proposal from the viaBTC mining pool and the Bitmain mining group to carry out a UAHF (User Activated Hard Fork) on August 1st 12:20 pm UTC. They rejected the agreed consensus (aka BIP-91 or SegWit2x) and have decided to fork the original Bitcoin blockchain and create this new version called “Bitcoin Cash”. Bitcoin Cash can be claimed by BTC owners who have their private keys or store their Bitcoins on a service that will split BCH for the customer. On November 15, 2020, Bitcoin Cash experienced a scheduled upgrade. Bitcoin Cash developers from various full node projects changed the Difficulty Adjustment Algorithm (DAA) to a new DAA called ‘aserti3-2d‘ (or ‘ASERT’ for short). Blockchain data provided by: Blockchair (Main Source), WhatToMine (Block Time only)Facebook, BitcoinTalk, GitHub, GitLab, Reddit”

Bitcoin Cash Coin Trading

Investors seeking to trade Bitcoin Cash using US dollars directly can do so using GDAX, Gemini or Coinbase.

BCH/USD price chart by TradingView