Bitcoin Cash (BCH) Market Cap Achieves $9.07 Billion

Bitcoin Cash (BCH) traded down 4% against the U.S. dollar during the 24-hour period ending at 12:00 PM E.T. on April 29th. Bitcoin Cash has a market cap of $9.07 billion and $331.44 million worth of Bitcoin Cash was traded on exchanges in the last 24 hours. During the last week, Bitcoin Cash has traded 9.4% lower against the U.S. dollar. One Bitcoin Cash coin can currently be purchased for approximately $460.68 or 0.00732601 BTC on major cryptocurrency exchanges.

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

• Bitcoin (BTC) traded down 1.2% against the dollar and now trades at $62,883.35 or 1.00000000 BTC.
• Arweave (AR) traded down 7.9% against the dollar and now trades at $34.29 or 0.00054523 BTC.
• Bitcoin SV (BSV) traded 3.6% lower against the dollar and now trades at $64.84 or 0.00103113 BTC.
• eCash (XEC) traded down 5.1% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 5.7% lower against the dollar and now trades at $0.21 or 0.00000330 BTC.

Bitcoin Cash Coin Profile

Bitcoin Cash (BCH) 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 19,698,856 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 message board is bitcointalk.org. The official website for Bitcoin Cash 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.”

Buying and Selling Bitcoin Cash

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

BCH/USD price chart by TradingView