Bitcoin Cash Market Cap Hits $2.72 Billion (BCH)

Bitcoin Cash (BCH) traded 4.1% higher against the dollar during the 1 day period ending at 23:00 PM E.T. on August 16th. Bitcoin Cash has a total market capitalization of $2.72 billion and $245.24 million worth of Bitcoin Cash was traded on exchanges in the last 24 hours. During the last seven days, Bitcoin Cash has traded 7% higher against the dollar. One Bitcoin Cash coin can now be bought for approximately $142.21 or 0.00592453 BTC on major cryptocurrency exchanges.

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

  • Bitcoin (BTC) traded down 0.2% against the dollar and now trades at $24,003.58 or 1.00000000 BTC.
  • Bitcoin SV (BSV) traded up 1.8% against the dollar and now trades at $62.44 or 0.00260109 BTC.
  • Alpha Coin (ALPHA) traded up 4.7% against the dollar and now trades at $0.0244 or 0.00000102 BTC.
  • Steem (STEEM) traded down 0.4% against the dollar and now trades at $0.27 or 0.00001123 BTC.
  • Coin of champions (COC) traded 4.6% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Namecoin (NMC) traded up 0.5% against the dollar and now trades at $1.10 or 0.00004583 BTC.
  • Counterparty (XCP) traded 11% higher against the dollar and now trades at $4.43 or 0.00018448 BTC.
  • ICC (ICC) traded 8.9% lower against the dollar and now trades at $0.0274 or 0.00000115 BTC.
  • Bogged Finance (BOG) traded 19.1% higher against the dollar and now trades at $0.45 or 0.00001469 BTC.
  • ArenaPlay (APC) traded 4.5% lower against the dollar and now trades at $0.68 or 0.00002845 BTC.

About Bitcoin Cash

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 19,147,475 coins. 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. Bitcoin Cash’s official website is www.bitcoincash.org. Bitcoin Cash’s official message board 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) “

Bitcoin Cash Coin Trading

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

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