Bitcoin Cash Hits 24 Hour Trading Volume of $79.38 Million (BCH)

Bitcoin Cash (BCH) traded up 1.7% against the U.S. dollar during the twenty-four hour period ending at 8:00 AM Eastern on August 4th. In the last seven days, Bitcoin Cash has traded up 0.2% against the U.S. dollar. Bitcoin Cash has a total market cap of $4.28 billion and approximately $79.38 million worth of Bitcoin Cash was traded on exchanges in the last day. One Bitcoin Cash coin can now be purchased for approximately $213.39 or 0.00334147 BTC on popular cryptocurrency exchanges.

Here is how similar cryptocurrencies have performed in the last day:

• Arweave (AR) traded 2.4% higher against the dollar and now trades at $1.81 or 0.00002830 BTC.
• Bitcoin (BTC) traded up 2% against the dollar and now trades at $63,860.45 or 1.00000000 BTC.
• Bitcoin SV (BSV) traded up 3.6% against the dollar and now trades at $12.98 or 0.00020320 BTC.
• eCash (XEC) traded 4.4% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 2.8% higher against the dollar and now trades at $0.0018 or 0.00000003 BTC.

Bitcoin Cash Profile

BCH is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It was first traded on August 1st, 2017. Bitcoin Cash’s total supply is 20,070,538 coins. The official message board for Bitcoin Cash is bitcointalk.org. 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 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 US dollars directly can do so using GDAX, Changelly or Coinbase.

BCH/USD price chart by TradingView