Bitcoin Gold (BTG) Price Down 0.7% Over Last Week

Bitcoin Gold (BTG) traded 2.1% lower against the U.S. dollar during the 1 day period ending at 7:00 AM Eastern on October 22nd. Over the last seven days, Bitcoin Gold has traded 0.7% lower against the U.S. dollar. Bitcoin Gold has a total market cap of $399.46 million and approximately $2.71 million worth of Bitcoin Gold was traded on exchanges in the last day. One Bitcoin Gold coin can currently be purchased for approximately $22.81 or 0.00033896 BTC on exchanges.

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

• Zcash (ZEC) traded 2% lower against the dollar and now trades at $37.40 or 0.00055577 BTC.
• Horizen (ZEN) traded down 1.8% against the dollar and now trades at $7.90 or 0.00011741 BTC.
• Komodo (KMD) traded 1.3% lower against the dollar and now trades at $0.26 or 0.00000383 BTC.
• Pirate Chain (ARRR) traded 1.5% lower against the dollar and now trades at $0.18 or 0.00000264 BTC.
• ZClassic (ZCL) traded up 4.8% against the dollar and now trades at $0.0572 or 0.00000085 BTC.

Bitcoin Gold Coin 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. Bitcoin Gold’s official Twitter account is @bitcoingold and its Facebook page is accessible here. 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.

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 presently possible to purchase alternative cryptocurrencies such as Bitcoin Gold directly using U.S. dollars. Investors seeking to acquire Bitcoin Gold should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Bitcoin Gold using one of the aforementioned exchanges.

BTG/USD price chart by TradingView