Bitcoin Cash Trading Up 4.1% This Week (BCH)

Bitcoin Cash (BCH) traded up 3.3% against the dollar during the 24 hour period ending at 10:00 AM Eastern on February 14th. One Bitcoin Cash coin can now be purchased for $342.04 or 0.00354318 BTC on popular cryptocurrency exchanges. Bitcoin Cash has a total market cap of $6.78 billion and $242.99 million worth of Bitcoin Cash was traded on exchanges in the last day. During the last week, Bitcoin Cash has traded up 4.1% against the dollar.

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

• Bitcoin (BTC) traded up 0.6% against the dollar and now trades at $96,535.81 or 1.00000000 BTC.
• Bitcoin SV (BSV) traded 1.6% higher against the dollar and now trades at $39.87 or 0.00041304 BTC.
• Arweave (AR) traded up 3.2% against the dollar and now trades at $9.26 or 0.00009597 BTC.
• eCash (XEC) traded 1.7% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded up 1% against the dollar and now trades at $0.0736 or 0.00000076 BTC.

About Bitcoin Cash

Bitcoin Cash (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 19,829,356 coins. Bitcoin Cash’s official Twitter account is @bitcolncash and its Facebook page is accessible here. The official website for Bitcoin Cash is www.bitcoincash.org. 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.”

Buying and Selling Bitcoin Cash

Investors seeking to trade Bitcoin Cash using US dollars directly can do so using Coinbase, GDAX or Changelly.

BCH/USD price chart by TradingView