Bitcoin Cash (BCH) Hits Market Cap of $6.63 Billion

Bitcoin Cash (BCH) traded 0.9% lower against the dollar during the twenty-four hour period ending at 19:00 PM Eastern on August 15th. During the last seven days, Bitcoin Cash has traded down 6% against the dollar. One Bitcoin Cash coin can currently be purchased for about $335.69 or 0.00580864 BTC on cryptocurrency exchanges. Bitcoin Cash has a market cap of $6.63 billion and $219.94 million worth of Bitcoin Cash was traded on exchanges in the last 24 hours.

Here’s how related cryptocurrencies have performed during the last 24 hours:

• Bitcoin (BTC) traded down 1.7% against the dollar and now trades at $57,777.86 or 1.00000000 BTC.
• Arweave (AR) traded up 0.7% against the dollar and now trades at $21.28 or 0.00036830 BTC.
• Bitcoin SV (BSV) traded 0.6% lower against the dollar and now trades at $43.14 or 0.00074645 BTC.
• eCash (XEC) traded 0.5% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded down 4.5% against the dollar and now trades at $0.0699 or 0.00000121 BTC.

About Bitcoin Cash

Bitcoin Cash (BCH) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It was first traded on August 1st, 2017. Bitcoin Cash’s total supply is 19,747,416 coins. Bitcoin Cash’s official Twitter account is @bitcolncash and its Facebook page is accessible here. The Reddit community for Bitcoin Cash is /r/Bitcoincash and the currency’s Github account can be viewed here. The official message board for Bitcoin Cash 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 acquire Bitcoin Cash using U.S. dollars directly can do so using Changelly, Coinbase or Gemini.

BCH/USD price chart by TradingView