Bitcoin Cash (BCH) Market Capitalization Tops $7.20 Billion

Bitcoin Cash (BCH) traded up 0.6% against the U.S. dollar during the 24 hour period ending at 15:00 PM Eastern on October 25th. In the last seven days, Bitcoin Cash has traded down 0.8% against the U.S. dollar. Bitcoin Cash has a market capitalization of $7.20 billion and approximately $377.57 million worth of Bitcoin Cash was traded on exchanges in the last 24 hours. One Bitcoin Cash coin can now be purchased for $363.94 or 0.00539742 BTC on major exchanges.

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

• Bitcoin (BTC) traded down 2.5% against the dollar and now trades at $67,390.72 or 1.00000000 BTC.
• Arweave (AR) traded down 1.7% against the dollar and now trades at $17.90 or 0.00026544 BTC.
• Bitcoin SV (BSV) traded 0.8% lower against the dollar and now trades at $47.65 or 0.00070674 BTC.
• eCash (XEC) traded 1% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded down 5.8% against the dollar and now trades at $0.10 or 0.00000152 BTC.

Bitcoin Cash Coin Profile

Bitcoin Cash (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 19,779,225 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. Bitcoin Cash’s official message board is bitcointalk.org. 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.”

Buying and Selling Bitcoin Cash

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

BCH/USD price chart by TradingView