Bitcoin Cash Achieves Market Capitalization of $8.70 Billion (BCH)

Bitcoin Cash (BCH) traded down 1.5% against the dollar during the 24 hour period ending at 10:00 AM Eastern on January 21st. Over the last seven days, Bitcoin Cash has traded up 0.7% against the dollar. One Bitcoin Cash coin can currently be bought for approximately $438.85 or 0.00424294 BTC on major exchanges. Bitcoin Cash has a total market cap of $8.70 billion and $404.61 million worth of Bitcoin Cash was traded on exchanges in the last day.

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

• Bitcoin (BTC) traded 2.9% lower against the dollar and now trades at $103,430.06 or 1.00000000 BTC.
• Bitcoin SV (BSV) traded down 1.8% against the dollar and now trades at $52.11 or 0.00050382 BTC.
• Arweave (AR) traded down 5.4% against the dollar and now trades at $14.49 or 0.00014010 BTC.
• eCash (XEC) traded 0.1% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded down 1.8% against the dollar and now trades at $0.0950 or 0.00000092 BTC.

Bitcoin Cash Coin Profile

Bitcoin Cash (BCH) 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 19,818,681 coins. 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. 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 trade Bitcoin Cash using U.S. dollars directly can do so using Changelly, Gemini or Coinbase.

BCH/USD price chart by TradingView