Bitcoin Cash Price Down 12.2% Over Last Week (BCH)

Bitcoin Cash (BCH) traded up 8.6% against the dollar during the 24-hour period ending at 10:00 AM ET on December 24th. One Bitcoin Cash coin can currently be bought for approximately $473.03 or 0.00485564 BTC on cryptocurrency exchanges. During the last week, Bitcoin Cash has traded down 12.2% against the dollar. Bitcoin Cash has a market cap of $9.37 billion and $388.43 million worth of Bitcoin Cash was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed during the last day:

• Bitcoin (BTC) traded 4.5% higher against the dollar and now trades at $97,418.83 or 1.00000000 BTC.
• Arweave (AR) traded up 13.1% against the dollar and now trades at $17.87 or 0.00018345 BTC.
• Bitcoin SV (BSV) traded up 7.1% against the dollar and now trades at $57.25 or 0.00058765 BTC.
• eCash (XEC) traded up 6.9% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded up 11.6% against the dollar and now trades at $0.12 or 0.00000123 BTC.

About Bitcoin Cash

Bitcoin Cash (CRYPTO:BCH) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It launched on August 1st, 2017. Bitcoin Cash’s total supply is 19,806,241 coins. Bitcoin Cash’s official Twitter account is @bitcolncash and its Facebook page is accessible here. Bitcoin Cash’s official message board is bitcointalk.org. The Reddit community for Bitcoin Cash is /r/Bitcoincash and the currency’s Github account can be viewed here. 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 US dollars directly can do so using Changelly, Coinbase or Gemini.

BCH/USD price chart by TradingView