Bitcoin Cash Price Hits $390.28 on Top Exchanges (BCH)

Bitcoin Cash (BCH) traded 2.6% lower against the U.S. dollar during the 24 hour period ending at 21:00 PM Eastern on July 22nd. One Bitcoin Cash coin can currently be purchased for about $390.28 or 0.00579868 BTC on major cryptocurrency exchanges. During the last seven days, Bitcoin Cash has traded down 2.2% against the U.S. dollar. Bitcoin Cash has a total market cap of $7.70 billion and approximately $368.04 million worth of Bitcoin Cash was traded on exchanges in the last 24 hours.

Here is how other cryptocurrencies have performed during the last 24 hours:

• Bitcoin (BTC) traded 0.8% lower against the dollar and now trades at $67,315.46 or 1.00000000 BTC.
• Arweave (AR) traded 5.6% lower against the dollar and now trades at $31.77 or 0.00047197 BTC.
• Bitcoin SV (BSV) traded 3% lower against the dollar and now trades at $45.84 or 0.00068107 BTC.
• eCash (XEC) traded down 1.8% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded down 4.9% against the dollar and now trades at $0.11 or 0.00000162 BTC.

Bitcoin Cash Coin Profile

Bitcoin Cash 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 19,736,566 coins. 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. Bitcoin Cash’s official message board is bitcointalk.org. Bitcoin Cash’s official website 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.”

Buying and Selling Bitcoin Cash

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

BCH/USD price chart by TradingView