Bitcoin Cash (BCH) Hits Market Capitalization of $7.05 Billion

Posted by on Oct 15th, 2024

Bitcoin Cash (BCH) traded 0% lower against the U.S. dollar during the one day period ending at 14:00 PM E.T. on October 15th. Bitcoin Cash has a market cap of $7.05 billion and $633.90 million worth of Bitcoin Cash was traded on exchanges in the last 24 hours. During the last week, Bitcoin Cash has traded 8.5% higher against the U.S. dollar. One Bitcoin Cash coin can currently be bought for approximately $356.32 or 0.00532183 BTC on popular exchanges.

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

  • Bitcoin (BTC) traded 2% higher against the dollar and now trades at $66,953.76 or 1.00000000 BTC.
  • Arweave (AR) traded 2.4% lower against the dollar and now trades at $19.67 or 0.00029383 BTC.
  • Bitcoin SV (BSV) traded 1.4% higher against the dollar and now trades at $49.63 or 0.00074128 BTC.
  • eCash (XEC) traded 3.4% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Syscoin (SYS) traded down 1% against the dollar and now trades at $0.10 or 0.00000156 BTC.

Bitcoin Cash Profile

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 19,774,700 coins. The official message board for Bitcoin Cash is bitcointalk.org. Bitcoin Cash’s official website is www.bitcoincash.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.

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

BCH/USD price chart by TradingView

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