Bitcoin Gold (BTG) Trading Up 98.9% Over Last 7 Days

Bitcoin Gold (BTG) traded 60.5% higher against the US dollar during the 1 day period ending at 10:00 AM E.T. on January 5th. Bitcoin Gold has a total market capitalization of $368.06 million and approximately $2.07 billion worth of Bitcoin Gold was traded on exchanges in the last day. Over the last seven days, Bitcoin Gold has traded up 98.9% against the US dollar. One Bitcoin Gold coin can now be purchased for $21.02 or 0.00021495 BTC on popular cryptocurrency exchanges.

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

• Zcash (ZEC) traded 4.7% lower against the dollar and now trades at $57.80 or 0.00059124 BTC.
• Horizen (ZEN) traded down 3.8% against the dollar and now trades at $27.49 or 0.00028119 BTC.
• Komodo (KMD) traded 1.5% lower against the dollar and now trades at $0.33 or 0.00000336 BTC.
• Pirate Chain (ARRR) traded down 0.7% against the dollar and now trades at $0.22 or 0.00000224 BTC.
• ZClassic (ZCL) traded up 2% against the dollar and now trades at $0.0420 or 0.00000043 BTC.

Bitcoin Gold Profile

Bitcoin Gold (BTG) is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. It launched on October 25th, 2017. Bitcoin Gold’s total supply is 17,513,924 coins. The official message board for Bitcoin Gold is forum.bitcoingold.org. The official website for Bitcoin Gold is bitcoingold.org. The Reddit community for Bitcoin Gold is https://reddit.com/r/bitcoingoldhq and the currency’s Github account can be viewed here. Bitcoin Gold’s official Twitter account is @bitcoingold and its Facebook page is accessible here.

According to CryptoCompare, “Bitcoin Gold (BTG) is a digital currency that aims to decentralize the process of Bitcoin mining by utilizing GPU hardware, making it more accessible to a wider range of users. BTG is based on the original Bitcoin blockchain but incorporates a different mining algorithm, Equihash, to promote decentralization and prevent the concentration of mining power. BTG was created in 2017 as a fork of Bitcoin, and it maintains similar features such as a limited supply cap of 21 million coins. BTG can be used for peer-to-peer transactions, as well as for mining on GPU hardware to earn rewards for securing the network. BTG aims to provide a more decentralized and democratic approach to mining, empowering individual miners and promoting wider participation in the mining process.”

Bitcoin Gold Coin Trading

It is usually not currently possible to buy alternative cryptocurrencies such as Bitcoin Gold directly using US dollars. Investors seeking to acquire Bitcoin Gold should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Bitcoin Gold using one of the exchanges listed above.

BTG/USD price chart by TradingView