Bitcoin Gold (BTG) Reaches Market Cap of $337.52 Million

Bitcoin Gold (BTG) traded up 3.4% against the U.S. dollar during the twenty-four hour period ending at 20:00 PM Eastern on May 22nd. One Bitcoin Gold coin can now be purchased for $19.27 or 0.00063521 BTC on major cryptocurrency exchanges. Bitcoin Gold has a total market capitalization of $337.52 million and $5.71 million worth of Bitcoin Gold was traded on exchanges in the last 24 hours. During the last seven days, Bitcoin Gold has traded down 3.9% against the U.S. dollar.

Here is how related cryptocurrencies have performed during the last 24 hours:

  • Zcash (ZEC) traded up 2.5% against the dollar and now trades at $107.17 or 0.00353236 BTC.
  • Horizen (ZEN) traded up 3.3% against the dollar and now trades at $21.18 or 0.00069801 BTC.
  • Pirate Chain (ARRR) traded 4.7% higher against the dollar and now trades at $0.73 or 0.00002402 BTC.
  • Alchemy Pay (ACH) traded up 2.2% against the dollar and now trades at $0.0176 or 0.00000058 BTC.
  • Bitcoin Private (BTCP) traded down 19.5% against the dollar and now trades at $1.40 or 0.00004609 BTC.
  • BitcoinZ (BTCZ) traded 1.9% higher against the dollar and now trades at $0.0002 or 0.00000001 BTC.
  • Hush (HUSH) traded up 4.2% against the dollar and now trades at $0.0877 or 0.00000289 BTC.
  • Bit Hotel (BTH) traded 0.6% lower against the dollar and now trades at $0.0234 or 0.00000077 BTC.
  • ZClassic (ZCL) traded 6% higher against the dollar and now trades at $0.0455 or 0.00000150 BTC.
  • Zero (ZER) traded up 1.7% against the dollar and now trades at $0.0147 or 0.00000048 BTC.

Bitcoin Gold Profile

Bitcoin Gold (CRYPTO:BTG) is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. Bitcoin Gold’s total supply is 17,513,924 coins. The official message board for Bitcoin Gold 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 /r/bitcoin and the currency’s Github account can be viewed here. Bitcoin Gold’s official website is bitcoingold.org.

According to CryptoCompare, “BTG is a cryptocurrency with Bitcoin fundamentals, mined on common GPUs instead of specialty ASICs. This type of equipment tend 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 currently possible to buy alternative cryptocurrencies such as Bitcoin Gold directly using US dollars. Investors seeking to acquire Bitcoin Gold should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Bitcoin Gold using one of the exchanges listed above.

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