Bitcoin Gold Market Capitalization Hits $259.39 Million (BTG)

Bitcoin Gold (BTG) traded 0.3% higher against the U.S. dollar during the 1-day period ending at 17:00 PM Eastern on November 24th. One Bitcoin Gold coin can now be bought for $14.81 or 0.00089259 BTC on popular exchanges. Bitcoin Gold has a market capitalization of $259.39 million and approximately $4.93 million worth of Bitcoin Gold was traded on exchanges in the last 24 hours. In the last seven days, Bitcoin Gold has traded up 1.5% against the U.S. dollar.

Here is how other cryptocurrencies have performed in the last 24 hours:

  • Zcash (ZEC) traded up 0.8% against the dollar and now trades at $43.32 or 0.00261063 BTC.
  • Horizen (ZEN) traded down 2.1% against the dollar and now trades at $9.31 or 0.00056118 BTC.
  • Pirate Chain (ARRR) traded 2.8% higher against the dollar and now trades at $0.36 or 0.00002174 BTC.
  • Komodo (KMD) traded 3.4% higher against the dollar and now trades at $0.20 or 0.00001194 BTC.
  • Bitcoin Private (BTCP) traded down 9.8% against the dollar and now trades at $0.51 or 0.00003045 BTC.
  • ZClassic (ZCL) traded 2.5% higher against the dollar and now trades at $0.0365 or 0.00000220 BTC.

About Bitcoin Gold

Bitcoin Gold is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. Its genesis date was October 25th, 2017. Bitcoin Gold’s total supply is 17,513,924 coins. Bitcoin Gold’s official website is bitcoingold.org. Bitcoin Gold’s official message board is forum.bitcoingold.org. Bitcoin Gold’s official Twitter account is @bitcoingold and its Facebook page is accessible here. The Reddit community for Bitcoin Gold is https://reddit.com/r/bitcoingoldhq and the currency’s Github account can be viewed here.

According to CryptoCompare, “BTG is a cryptocurrency with Bitcoin fundamentals, mined on common GPUs instead of specialty ASICs. This type of equipment tends to monopolize mining to a few big players, but GPU mining means anyone can mine again – restoring decentralization and independence. GPU mining rewards go to individuals worldwide, instead of mostly to ASIC warehouse owners, recreating network effects that Bitcoin used to have.”

Bitcoin Gold Coin Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as Bitcoin Gold directly using U.S. dollars. Investors seeking to trade Bitcoin Gold should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Bitcoin Gold using one of the exchanges listed above.

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