Bitcoin Cash Price Hits $216.43 on Exchanges (BCH)

Bitcoin Cash (BCH) traded 0.2% lower against the US dollar during the twenty-four hour period ending at 8:00 AM ET on August 8th. One Bitcoin Cash coin can now be purchased for $216.43 or 0.00333198 BTC on major exchanges. Over the last seven days, Bitcoin Cash has traded up 3.8% against the US dollar. Bitcoin Cash has a total market cap of $4.34 billion and $52.77 million worth of Bitcoin Cash was traded on exchanges in the last 24 hours.

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

• Arweave (AR) traded down 0.2% against the dollar and now trades at $1.80 or 0.00002772 BTC.
• Bitcoin (BTC) traded 0.4% lower against the dollar and now trades at $64,954.24 or 1.00000000 BTC.
• Bitcoin SV (BSV) traded up 3.9% against the dollar and now trades at $13.98 or 0.00021520 BTC.
• eCash (XEC) traded up 4.1% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 32.4% higher against the dollar and now trades at $0.0024 or 0.00000004 BTC.

Bitcoin Cash Coin Profile

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 20,072,353 coins. The official website for Bitcoin Cash is www.bitcoincash.org. The Reddit community for Bitcoin Cash is /r/Bitcoincash and the currency’s Github account can be viewed here. 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.

According to CryptoCompare, “Bitcoin Cash (BCH) is a hard forked version of the original Bitcoin. It is similar to bitcoin with regards to its protocol; Proof of Work SHA-256 hashing, 21,000,000 supply, same block times and reward system. However two main differences are the the blocksize limits, as of August 2017 Bitcoin has a 1MB blocksize limit whereas BCH proposes 8MB blocks. Bitcoin Cash is a proposal from the viaBTC mining pool and the Bitmain mining group to carry out a UAHF (User Activated Hard Fork) on August 1st 12:20 pm UTC. They rejected the agreed consensus (aka BIP-91 or SegWit2x) and have decided to fork the original Bitcoin blockchain and create this new version called “Bitcoin Cash”. Bitcoin Cash can be claimed by BTC owners who have their private keys or store their Bitcoins on a service that will split BCH for the customer. On November 15, 2020, Bitcoin Cash experienced a scheduled upgrade. Bitcoin Cash developers from various full node projects changed the Difficulty Adjustment Algorithm (DAA) to a new DAA called ‘aserti3-2d‘ (or ‘ASERT’ for short). Blockchain data provided by: Blockchair (Main Source), WhatToMine (Block Time only)Facebook, BitcoinTalk, GitHub, GitLab, Reddit”

Bitcoin Cash Coin Trading

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

BCH/USD price chart by TradingView