Bitcoin Cash (BCH) Hits Market Capitalization of $7.05 Billion

Bitcoin Cash (BCH) traded 0% lower against the US dollar during the 1-day period ending at 14:00 PM ET on October 15th. During the last week, Bitcoin Cash has traded up 8.5% against the US dollar. One Bitcoin Cash coin can currently be purchased for $356.32 or 0.00532183 BTC on cryptocurrency exchanges. Bitcoin Cash has a total market capitalization of $7.05 billion and $633.90 million worth of Bitcoin Cash was traded on exchanges in the last day.

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

• Bitcoin (BTC) traded 2% higher against the dollar and now trades at $66,953.76 or 1.00000000 BTC.
• Arweave (AR) traded down 2.4% against the dollar and now trades at $19.67 or 0.00029383 BTC.
• Bitcoin SV (BSV) traded up 1.4% against the dollar and now trades at $49.63 or 0.00074128 BTC.
• eCash (XEC) traded 3.4% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded down 1% against the dollar and now trades at $0.10 or 0.00000156 BTC.

Bitcoin Cash Coin Profile

Bitcoin Cash (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 19,774,700 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 website is www.bitcoincash.org. Bitcoin Cash’s official message board is bitcointalk.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 acquire Bitcoin Cash using U.S. dollars directly can do so using Coinbase, Changelly or GDAX.

BCH/USD price chart by TradingView