Bitcoin Gold Market Cap Reaches $9.11 Million (BTG)

Bitcoin Gold (BTG) traded 0% higher against the U.S. dollar during the 1-day period ending at 10:00 AM E.T. on May 4th. One Bitcoin Gold coin can currently be purchased for $0.52 or 0.00000660 BTC on cryptocurrency exchanges. During the last week, Bitcoin Gold has traded up 0.4% against the U.S. dollar. Bitcoin Gold has a market capitalization of $9.11 million and $181.53 worth of Bitcoin Gold was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

• Zcash (ZEC) traded 5% higher against the dollar and now trades at $414.94 or 0.00526582 BTC.
• Horizen (ZEN) traded up 10.5% against the dollar and now trades at $7.25 or 0.00009198 BTC.
• Pirate Chain (ARRR) traded 7.9% higher against the dollar and now trades at $0.21 or 0.00000273 BTC.
• ZClassic (ZCL) traded 26.2% lower against the dollar and now trades at $0.17 or 0.00000221 BTC.
• Komodo (KMD) traded 0.4% higher against the dollar and now trades at $0.0029 or 0.00000004 BTC.

Bitcoin Gold Profile

Bitcoin Gold (CRYPTO:BTG) is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. Its launch date was October 25th, 2017. Bitcoin Gold’s total supply is 17,513,924 coins. Bitcoin Gold’s official website is btgofficial.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. The official message board for Bitcoin Gold is forum.bitcoingold.org.

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. Telegram, Discord, Facebook, Youtube, Reddit, Medium”

Bitcoin Gold Coin Trading

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

BTG/USD price chart by TradingView