Bitcoin Gold 24-Hour Trading Volume Tops $9.09 Million (BTG)

Bitcoin Gold (BTG) traded 4.9% lower against the dollar during the 24 hour period ending at 10:00 AM E.T. on January 25th. Bitcoin Gold has a market capitalization of $122.34 million and $9.09 million worth of Bitcoin Gold was traded on exchanges in the last 24 hours. Over the last seven days, Bitcoin Gold has traded 37% lower against the dollar. One Bitcoin Gold coin can now be purchased for $6.99 or 0.00006686 BTC on cryptocurrency exchanges.

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

• Zcash (ZEC) traded 3.9% lower against the dollar and now trades at $46.31 or 0.00044326 BTC.
• Horizen (ZEN) traded 9.5% lower against the dollar and now trades at $20.02 or 0.00019162 BTC.
• Pirate Chain (ARRR) traded 0.1% higher against the dollar and now trades at $0.18 or 0.00000175 BTC.
• Komodo (KMD) traded 1.5% lower against the dollar and now trades at $0.25 or 0.00000236 BTC.
• ZClassic (ZCL) traded 1.3% lower against the dollar and now trades at $0.0450 or 0.00000043 BTC.

About Bitcoin Gold

Bitcoin Gold is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. Its genesis date was October 25th, 2017. Bitcoin Gold’s total supply is 17,513,924 coins. Bitcoin Gold’s official message board is forum.bitcoingold.org. The Reddit community for Bitcoin Gold is https://reddit.com/r/bitcoingoldhq and the currency’s Github account can be viewed here. The official website for Bitcoin Gold is bitcoingold.org. Bitcoin Gold’s official Twitter account is @bitcoingold and its Facebook page is accessible here.

According to CryptoCompare, “Bitcoin Gold (BTG) is a digital currency that aims to decentralize the process of Bitcoin mining by utilizing GPU hardware, making it more accessible to a wider range of users. BTG is based on the original Bitcoin blockchain but incorporates a different mining algorithm, Equihash, to promote decentralization and prevent the concentration of mining power. BTG was created in 2017 as a fork of Bitcoin, and it maintains similar features such as a limited supply cap of 21 million coins. BTG can be used for peer-to-peer transactions, as well as for mining on GPU hardware to earn rewards for securing the network. BTG aims to provide a more decentralized and democratic approach to mining, empowering individual miners and promoting wider participation in the mining process.”

Buying and Selling Bitcoin Gold

It is usually not currently possible to purchase alternative cryptocurrencies such as Bitcoin Gold directly using U.S. dollars. Investors seeking to trade Bitcoin Gold should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Bitcoin Gold using one of the aforementioned exchanges.

BTG/USD price chart by TradingView