Bitcoin Cash Market Capitalization Tops $7.80 Billion (BCH)

Posted by on Jul 1st, 2024

Bitcoin Cash (BCH) traded 3.8% higher against the U.S. dollar during the 24-hour period ending at 22:00 PM E.T. on June 30th. One Bitcoin Cash coin can currently be bought for about $395.42 or 0.00624170 BTC on popular exchanges. During the last seven days, Bitcoin Cash has traded 4.2% higher against the U.S. dollar. Bitcoin Cash has a market capitalization of $7.80 billion and $179.20 million worth of Bitcoin Cash was traded on exchanges in the last 24 hours.

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

  • Bitcoin (BTC) traded up 4.1% against the dollar and now trades at $63,351.15 or 1.00000000 BTC.
  • Arweave (AR) traded 0.3% lower against the dollar and now trades at $27.72 or 0.00043753 BTC.
  • Bitcoin SV (BSV) traded 4.4% higher against the dollar and now trades at $45.35 or 0.00071589 BTC.
  • eCash (XEC) traded up 5.6% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Syscoin (SYS) traded 8.7% higher against the dollar and now trades at $0.13 or 0.00000205 BTC.

About Bitcoin Cash

Bitcoin Cash is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It launched on August 1st, 2017. Bitcoin Cash’s total supply is 19,726,766 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 trade Bitcoin Cash using U.S. dollars directly can do so using GDAX, Changelly or Coinbase.

BCH/USD price chart by TradingView

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