Bitcoin Cash Trading 2.1% Lower Over Last Week (BCH)

Posted by on Jun 26th, 2024

Bitcoin Cash (BCH) traded down 3.4% against the US dollar during the 1 day period ending at 17:00 PM E.T. on June 26th. Bitcoin Cash has a market cap of $7.45 billion and $232.60 million worth of Bitcoin Cash was traded on exchanges in the last day. During the last week, Bitcoin Cash has traded down 2.1% against the US dollar. One Bitcoin Cash coin can now be purchased for $377.53 or 0.00620517 BTC on exchanges.

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

  • Bitcoin (BTC) traded down 1.6% against the dollar and now trades at $60,841.93 or 1.00000000 BTC.
  • Arweave (AR) traded down 10.7% against the dollar and now trades at $26.35 or 0.00043311 BTC.
  • Bitcoin SV (BSV) traded 1.8% lower against the dollar and now trades at $44.87 or 0.00073743 BTC.
  • eCash (XEC) traded down 2.5% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Syscoin (SYS) traded 0.4% lower against the dollar and now trades at $0.12 or 0.00000205 BTC.

Bitcoin Cash Profile

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 19,724,828 coins. Bitcoin Cash’s official Twitter account is @bitcolncash and its Facebook page is accessible here. Bitcoin Cash’s official website is www.bitcoincash.org. The official message board for Bitcoin Cash is bitcointalk.org. The Reddit community for Bitcoin Cash is /r/Bitcoincash and the currency’s Github account can be viewed 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 acquire Bitcoin Cash using U.S. dollars directly can do so using Coinbase, Changelly or GDAX.

BCH/USD price chart by TradingView

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