Bitcoin Cash (BCH) Trading 26% Lower Over Last Week

Bitcoin Cash (BCH) traded 3.7% lower against the US dollar during the one day period ending at 10:00 AM ET on February 6th. Bitcoin Cash has a total market capitalization of $6.39 billion and approximately $243.62 million worth of Bitcoin Cash was traded on exchanges in the last 24 hours. In the last seven days, Bitcoin Cash has traded 26% lower against the US dollar. One Bitcoin Cash coin can now be purchased for approximately $322.37 or 0.00329662 BTC on popular exchanges.

Here is how related cryptocurrencies have performed in the last 24 hours:

• Bitcoin (BTC) traded down 0.7% against the dollar and now trades at $97,692.90 or 1.00000000 BTC.
• Bitcoin SV (BSV) traded 5.7% lower against the dollar and now trades at $39.08 or 0.00039967 BTC.
• Arweave (AR) traded 8% lower against the dollar and now trades at $9.89 or 0.00010109 BTC.
• eCash (XEC) traded down 5.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 5.7% lower against the dollar and now trades at $0.0649 or 0.00000066 BTC.

About Bitcoin Cash

Bitcoin Cash (BCH) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its launch date was August 1st, 2017. Bitcoin Cash’s total supply is 19,825,588 coins. Bitcoin Cash’s official Twitter account is @bitcolncash and its Facebook page is accessible here. 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 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.”

Bitcoin Cash Coin Trading

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

BCH/USD price chart by TradingView