Bitcoin Cash (BCH) Trading Down 1.7% This Week

Bitcoin Cash (BCH) traded up 0.4% against the dollar during the 1 day period ending at 10:00 AM ET on December 28th. Bitcoin Cash has a total market capitalization of $8.85 billion and approximately $249.46 million worth of Bitcoin Cash was traded on exchanges in the last 24 hours. In the last seven days, Bitcoin Cash has traded 1.7% lower against the dollar. One Bitcoin Cash coin can now be purchased for about $446.65 or 0.00472176 BTC on cryptocurrency exchanges.

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

• Bitcoin (BTC) traded down 0% against the dollar and now trades at $94,574.43 or 1.00000000 BTC.
• Arweave (AR) traded up 3.5% against the dollar and now trades at $17.18 or 0.00018164 BTC.
• Bitcoin SV (BSV) traded up 1.9% against the dollar and now trades at $53.77 or 0.00056838 BTC.
• eCash (XEC) traded up 3.6% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 6% higher against the dollar and now trades at $0.12 or 0.00000125 BTC.

About Bitcoin Cash

BCH is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its genesis date was August 1st, 2017. Bitcoin Cash’s total supply is 19,808,000 coins. 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 official message board for Bitcoin Cash is bitcointalk.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.”

Bitcoin Cash Coin Trading

Investors seeking to acquire Bitcoin Cash using U.S. dollars directly can do so using GDAX, Changelly or Gemini.

BCH/USD price chart by TradingView