Bitcoin Cash (BCH) Reaches Market Capitalization of $9.46 Billion

Bitcoin Cash (BCH) traded up 3.5% against the U.S. dollar during the 24-hour period ending at 8:00 AM ET on April 18th. Bitcoin Cash has a market cap of $9.46 billion and approximately $615.46 million worth of Bitcoin Cash was traded on exchanges in the last day. Over the last seven days, Bitcoin Cash has traded 20.7% lower against the U.S. dollar. One Bitcoin Cash coin can now be purchased for $480.37 or 0.00775301 BTC on major cryptocurrency exchanges.

Here is how other cryptocurrencies have performed over the last day:

• Bitcoin (BTC) traded 0.3% lower against the dollar and now trades at $61,958.67 or 1.00000000 BTC.
• Arweave (AR) traded 1.4% higher against the dollar and now trades at $24.26 or 0.00039156 BTC.
• Bitcoin SV (BSV) traded up 1.6% against the dollar and now trades at $66.10 or 0.00106692 BTC.
• eCash (XEC) traded 0.7% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 2.6% lower against the dollar and now trades at $0.21 or 0.00000338 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 19,692,984 coins. Bitcoin Cash’s official website is www.bitcoincash.org. Bitcoin Cash’s official message board is bitcointalk.org. 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.

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 U.S. dollars directly can do so using Gemini, Changelly or GDAX.

BCH/USD price chart by TradingView