Bitcoin Cash 1-Day Volume Reaches $388.43 Million (BCH)

Bitcoin Cash (BCH) traded 8.6% higher against the US dollar during the one day period ending at 10:00 AM Eastern on December 24th. In the last week, Bitcoin Cash has traded down 12.2% against the US dollar. One Bitcoin Cash coin can currently be bought for $473.03 or 0.00485564 BTC on major exchanges. Bitcoin Cash has a market cap of $9.37 billion and approximately $388.43 million worth of Bitcoin Cash was traded on exchanges in the last day.

Here’s how related cryptocurrencies have performed in the last day:

• Bitcoin (BTC) traded 4.5% higher against the dollar and now trades at $97,418.83 or 1.00000000 BTC.
• Arweave (AR) traded 13.1% higher against the dollar and now trades at $17.87 or 0.00018345 BTC.
• Bitcoin SV (BSV) traded 7.1% higher against the dollar and now trades at $57.25 or 0.00058765 BTC.
• eCash (XEC) traded 6.9% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded up 11.6% against the dollar and now trades at $0.12 or 0.00000123 BTC.

Bitcoin Cash Profile

BCH is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its genesis date was August 1st, 2017. Bitcoin Cash’s total supply is 19,806,241 coins. The official website for Bitcoin Cash is www.bitcoincash.org. 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.

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 trade Bitcoin Cash using US dollars directly can do so using GDAX, Changelly or Gemini.

BCH/USD price chart by TradingView