Bitcoin Cash Trading Up 15.8% Over Last Week (BCH)

Bitcoin Cash (BCH) traded up 2.1% against the dollar during the 1-day period ending at 22:00 PM E.T. on October 17th. Bitcoin Cash has a market capitalization of $7.40 billion and approximately $321.00 million worth of Bitcoin Cash was traded on exchanges in the last day. In the last seven days, Bitcoin Cash has traded 15.8% higher against the dollar. One Bitcoin Cash coin can currently be bought for $374.37 or 0.00551338 BTC on major exchanges.

Here is how other cryptocurrencies have performed in the last day:

• Bitcoin (BTC) traded 0.5% higher against the dollar and now trades at $67,887.79 or 1.00000000 BTC.
• Arweave (AR) traded 0.9% lower against the dollar and now trades at $18.88 or 0.00027800 BTC.
• Bitcoin SV (BSV) traded up 1.3% against the dollar and now trades at $51.50 or 0.00075839 BTC.
• eCash (XEC) traded down 1.4% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 1% lower against the dollar and now trades at $0.10 or 0.00000150 BTC.

Bitcoin Cash Coin Profile

Bitcoin Cash (CRYPTO:BCH) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It was first traded on August 1st, 2017. Bitcoin Cash’s total supply is 19,775,756 coins. The official website for Bitcoin Cash 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. Bitcoin Cash’s official message board 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.”

Buying and Selling Bitcoin Cash

Investors seeking to acquire Bitcoin Cash using U.S. dollars directly can do so using Gemini, Changelly or Coinbase.

BCH/USD price chart by TradingView