Bitcoin Gold (BTG) Price Tops $34.53

Bitcoin Gold (BTG) traded down 13.1% against the US dollar during the 24-hour period ending at 22:00 PM Eastern on April 13th. Bitcoin Gold has a total market capitalization of $604.83 million and $21.68 million worth of Bitcoin Gold was traded on exchanges in the last 24 hours. Over the last week, Bitcoin Gold has traded 30.3% lower against the US dollar. One Bitcoin Gold coin can now be bought for about $34.53 or 0.00054357 BTC on major cryptocurrency exchanges.

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

• Zcash (ZEC) traded down 11.6% against the dollar and now trades at $20.22 or 0.00031824 BTC.
• Horizen (ZEN) traded down 6.8% against the dollar and now trades at $8.10 or 0.00012752 BTC.
• Pirate Chain (ARRR) traded up 1.4% against the dollar and now trades at $0.28 or 0.00000434 BTC.
• Komodo (KMD) traded down 5.7% against the dollar and now trades at $0.36 or 0.00000571 BTC.
• Bitcoin Private (BTCP) traded flat against the dollar and now trades at $0.19 or 0.00000700 BTC.
• ZClassic (ZCL) traded down 3.9% against the dollar and now trades at $0.0604 or 0.00000095 BTC.

Bitcoin Gold Profile

BTG is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. It launched on October 25th, 2017. Bitcoin Gold’s total supply is 17,513,924 coins. The official message board for Bitcoin Gold is forum.bitcoingold.org. The Reddit community for Bitcoin Gold is https://reddit.com/r/bitcoingoldhq and the currency’s Github account can be viewed here. Bitcoin Gold’s official Twitter account is @bitcoingold and its Facebook page is accessible here. The official website for Bitcoin Gold is bitcoingold.org.

According to CryptoCompare, “Bitcoin Gold (BTG) is a digital currency that aims to decentralize the process of Bitcoin mining by utilizing GPU hardware, making it more accessible to a wider range of users. BTG is based on the original Bitcoin blockchain but incorporates a different mining algorithm, Equihash, to promote decentralization and prevent the concentration of mining power. BTG was created in 2017 as a fork of Bitcoin, and it maintains similar features such as a limited supply cap of 21 million coins. BTG can be used for peer-to-peer transactions, as well as for mining on GPU hardware to earn rewards for securing the network. BTG aims to provide a more decentralized and democratic approach to mining, empowering individual miners and promoting wider participation in the mining process.”

Buying and Selling Bitcoin Gold

It is usually not currently possible to purchase alternative cryptocurrencies such as Bitcoin Gold directly using U.S. dollars. Investors seeking to trade Bitcoin Gold should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Bitcoin Gold using one of the aforementioned exchanges.

BTG/USD price chart by TradingView