Bitcoin Cash Achieves Market Cap of $2.60 Billion (BCH)

Posted by on Mar 19th, 2023

Bitcoin Cash (BCH) traded 2.4% lower against the U.S. dollar during the twenty-four hour period ending at 0:00 AM ET on March 18th. Bitcoin Cash has a total market cap of $2.60 billion and approximately $184.11 million worth of Bitcoin Cash was traded on exchanges in the last day. One Bitcoin Cash coin can now be bought for about $134.22 or 0.00491879 BTC on popular exchanges. Over the last week, Bitcoin Cash has traded up 17.9% against the U.S. dollar.

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

  • Bitcoin (BTC) traded 0.4% lower against the dollar and now trades at $27,286.66 or 1.00000000 BTC.
  • Bitcoin SV (BSV) traded down 2.1% against the dollar and now trades at $37.30 or 0.00136695 BTC.
  • eCash (XEC) traded down 3.7% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Arweave (AR) traded down 4.8% against the dollar and now trades at $9.16 or 0.00033582 BTC.
  • Syscoin (SYS) traded 5.5% lower against the dollar and now trades at $0.17 or 0.00000614 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 19,340,750 coins. The Reddit community for Bitcoin Cash is /r/Bitcoincash and the currency’s Github account can be viewed here. The official website for Bitcoin Cash is www.bitcoincash.org. Bitcoin Cash’s official message board is bitcointalk.org. Bitcoin Cash’s official Twitter account is @bitcolncash and its Facebook page is accessible here.

According to CryptoCompare, “Bitcoin Cash (BCH) is a cryptocurrency that was created in 2017 as a result of a hard fork of the Bitcoin blockchain. It has a larger block size (8 MB) than Bitcoin (1 MB) and a different transaction ordering method called “canonical transaction ordering” (CTOR). BCH is used as a means of exchange and a store of value and is accepted by merchants and businesses around the world. It was created by a group of individuals and companies led by the open-source software project “Bitcoin ABC” and supported by a large community of users and developers.”

Bitcoin Cash Coin Trading

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

BCH/USD price chart by TradingView

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