Bitcoin Cash (BCH) Trading Up 10.6% This Week

Posted by on Oct 19th, 2024

Bitcoin Cash (BCH) traded 0.5% lower against the US dollar during the 24-hour period ending at 18:00 PM E.T. on October 19th. One Bitcoin Cash coin can currently be purchased for $364.31 or 0.00533589 BTC on cryptocurrency exchanges. In the last seven days, Bitcoin Cash has traded 10.6% higher against the US dollar. Bitcoin Cash has a total market capitalization of $7.20 billion and approximately $178.22 million worth of Bitcoin Cash was traded on exchanges in the last 24 hours.

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

  • Bitcoin (BTC) traded 0.1% higher against the dollar and now trades at $68,275.52 or 1.00000000 BTC.
  • Arweave (AR) traded 0.2% lower against the dollar and now trades at $18.84 or 0.00027598 BTC.
  • Bitcoin SV (BSV) traded down 2% against the dollar and now trades at $50.37 or 0.00073767 BTC.
  • eCash (XEC) traded down 0.6% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Syscoin (SYS) traded up 0.4% against the dollar and now trades at $0.10 or 0.00000148 BTC.

About 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 19,776,556 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 official website for Bitcoin Cash is www.bitcoincash.org. 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 U.S. dollars directly can do so using Gemini, Changelly or GDAX.

BCH/USD price chart by TradingView

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