Bitcoin Cash (BCH) Reaches 1-Day Volume of $340.21 Million

Bitcoin Cash (BCH) traded 0.7% higher against the U.S. dollar during the 24 hour period ending at 11:00 AM ET on April 23rd. One Bitcoin Cash coin can now be bought for $513.61 or 0.00767162 BTC on cryptocurrency exchanges. During the last week, Bitcoin Cash has traded 8.8% higher against the U.S. dollar. Bitcoin Cash has a market capitalization of $10.12 billion and approximately $340.21 million worth of Bitcoin Cash was traded on exchanges in the last 24 hours.

Here’s how related cryptocurrencies have performed during the last 24 hours:

• Bitcoin (BTC) traded 1% higher against the dollar and now trades at $66,949.80 or 1.00000000 BTC.
• Arweave (AR) traded 3.8% higher against the dollar and now trades at $34.86 or 0.00052062 BTC.
• Bitcoin SV (BSV) traded 0.9% higher against the dollar and now trades at $72.37 or 0.00108095 BTC.
• eCash (XEC) traded 0.8% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Syscoin (SYS) traded 3.3% lower against the dollar and now trades at $0.24 or 0.00000360 BTC.

Bitcoin Cash Profile

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 19,695,725 coins. The Reddit community for Bitcoin Cash is /r/Bitcoincash and the currency’s Github account can be viewed here. Bitcoin Cash’s official message board is bitcointalk.org. Bitcoin Cash’s official Twitter account is @bitcolncash and its Facebook page is accessible 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 acquire Bitcoin Cash using U.S. dollars directly can do so using GDAX, Coinbase or Gemini.

BCH/USD price chart by TradingView