Bitcoin Cash (BCH) Trading Up 2.6% This Week

Bitcoin Cash (BCH) traded up 1.6% against the US dollar during the 1 day period ending at 21:00 PM Eastern on May 6th. Bitcoin Cash has a market cap of $9.43 billion and $340.36 million worth of Bitcoin Cash was traded on exchanges in the last 24 hours. During the last week, Bitcoin Cash has traded up 2.6% against the US dollar. One Bitcoin Cash coin can currently be bought for $478.68 or 0.00752480 BTC on major cryptocurrency exchanges.

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

• Bitcoin (BTC) traded 1.1% lower against the dollar and now trades at $63,613.77 or 1.00000000 BTC.
• Arweave (AR) traded up 2.6% against the dollar and now trades at $41.07 or 0.00064569 BTC.
• Bitcoin SV (BSV) traded down 0% against the dollar and now trades at $65.24 or 0.00102555 BTC.
• eCash (XEC) traded 2.1% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded down 2.4% against the dollar and now trades at $0.20 or 0.00000315 BTC.

Bitcoin Cash Profile

Bitcoin Cash 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 19,702,228 coins. 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. The official website for Bitcoin Cash is www.bitcoincash.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.”

Bitcoin Cash Coin Trading

Investors seeking to acquire Bitcoin Cash using U.S. dollars directly can do so using GDAX, Coinbase or Changelly.

BCH/USD price chart by TradingView