Bitcoin Cash (BCH) Price Up 14% Over Last Week

Bitcoin Cash (BCH) traded 3.7% higher against the U.S. dollar during the one day period ending at 0:00 AM ET on October 20th. Bitcoin Cash has a total market cap of $7.39 billion and $253.54 million worth of Bitcoin Cash was traded on exchanges in the last day. One Bitcoin Cash coin can now be bought for about $373.52 or 0.00543116 BTC on exchanges. During the last week, Bitcoin Cash has traded up 14% against the U.S. dollar.

Here’s how other cryptocurrencies have performed during the last day:

• Bitcoin (BTC) traded up 0.8% against the dollar and now trades at $68,773.06 or 1.00000000 BTC.
• Arweave (AR) traded 2.4% higher against the dollar and now trades at $19.26 or 0.00028006 BTC.
• Bitcoin SV (BSV) traded up 1.4% against the dollar and now trades at $50.76 or 0.00073804 BTC.
• eCash (XEC) traded up 2.3% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 4.9% higher against the dollar and now trades at $0.11 or 0.00000155 BTC.

Bitcoin Cash Profile

Bitcoin Cash 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 19,777,150 coins. 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. The Reddit community for Bitcoin Cash is /r/Bitcoincash and the currency’s Github account can be viewed here.

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 acquire Bitcoin Cash using US dollars directly can do so using Coinbase, Gemini or Changelly.

BCH/USD price chart by TradingView