Bitcoin Cash (BCH) Tops 24-Hour Trading Volume of $316.72 Million

Bitcoin Cash (BCH) traded down 0.1% against the dollar during the 1 day period ending at 23:00 PM ET on August 6th. During the last seven days, Bitcoin Cash has traded down 26% against the dollar. One Bitcoin Cash coin can now be purchased for $320.94 or 0.00566139 BTC on cryptocurrency exchanges. Bitcoin Cash has a market capitalization of $6.34 billion and approximately $316.72 million worth of Bitcoin Cash was traded on exchanges in the last day.

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

• Bitcoin (BTC) traded 1.7% higher against the dollar and now trades at $56,689.17 or 1.00000000 BTC.
• Arweave (AR) traded 2.7% higher against the dollar and now trades at $21.01 or 0.00037058 BTC.
• Bitcoin SV (BSV) traded up 1.7% against the dollar and now trades at $38.10 or 0.00067207 BTC.
• eCash (XEC) traded up 3% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded up 2.2% against the dollar and now trades at $0.0724 or 0.00000128 BTC.

About Bitcoin Cash

Bitcoin Cash (BCH) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its launch date was August 1st, 2017. Bitcoin Cash’s total supply is 19,743,450 coins. 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. The official message board for Bitcoin Cash is bitcointalk.org.

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 US dollars directly can do so using Changelly, GDAX or Gemini.

BCH/USD price chart by TradingView