Bitcoin Gold (BTG) Market Cap Reaches $218.82 Million

Bitcoin Gold (BTG) traded 7.8% lower against the dollar during the one day period ending at 10:00 AM ET on January 9th. One Bitcoin Gold coin can currently be bought for $12.49 or 0.00013326 BTC on popular exchanges. Bitcoin Gold has a total market cap of $218.82 million and approximately $22.64 million worth of Bitcoin Gold was traded on exchanges in the last day. Over the last seven days, Bitcoin Gold has traded 43.9% higher against the dollar.

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

• Zcash (ZEC) traded 2.8% lower against the dollar and now trades at $49.20 or 0.00052471 BTC.
• Horizen (ZEN) traded up 1.2% against the dollar and now trades at $23.30 or 0.00024848 BTC.
• Komodo (KMD) traded up 0.2% against the dollar and now trades at $0.30 or 0.00000319 BTC.
• Pirate Chain (ARRR) traded 2.3% higher against the dollar and now trades at $0.20 or 0.00000210 BTC.
• ZClassic (ZCL) traded down 1.2% against the dollar and now trades at $0.0403 or 0.00000043 BTC.

Bitcoin Gold Coin Profile

BTG is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. It was first traded on October 25th, 2017. Bitcoin Gold’s total supply is 17,513,924 coins. Bitcoin Gold’s official message board 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 buy alternative cryptocurrencies such as Bitcoin Gold directly using US dollars. Investors seeking to trade Bitcoin Gold should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Bitcoin Gold using one of the exchanges listed above.

BTG/USD price chart by TradingView