Bitcoin Cash Price Down 5.8% This Week (BCH)

Bitcoin Cash (BCH) traded up 0.2% against the dollar during the twenty-four hour period ending at 23:00 PM ET on October 27th. In the last seven days, Bitcoin Cash has traded 5.8% lower against the dollar. Bitcoin Cash has a total market cap of $6.90 billion and approximately $162.80 million worth of Bitcoin Cash was traded on exchanges in the last 24 hours. One Bitcoin Cash coin can now be purchased for approximately $349.06 or 0.00515513 BTC on cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed in the last 24 hours:

• Bitcoin (BTC) traded up 1.1% against the dollar and now trades at $67,712.81 or 1.00000000 BTC.
• Arweave (AR) traded down 0.6% against the dollar and now trades at $15.88 or 0.00023449 BTC.
• Bitcoin SV (BSV) traded up 1% against the dollar and now trades at $45.81 or 0.00067657 BTC.
• eCash (XEC) traded 1.3% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded up 0.6% against the dollar and now trades at $0.0986 or 0.00000146 BTC.

About Bitcoin Cash

Bitcoin Cash 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 19,780,275 coins. The official message board for Bitcoin Cash is bitcointalk.org. Bitcoin Cash’s official website is www.bitcoincash.org. 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.

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 US dollars directly can do so using Changelly, GDAX or Coinbase.

BCH/USD price chart by TradingView