Bitcoin Cash (BCH) Hits Market Capitalization of $7.68 Billion

Bitcoin Cash (BCH) traded up 3.4% against the US dollar during the 1 day period ending at 0:00 AM E.T. on June 27th. Bitcoin Cash has a market capitalization of $7.68 billion and $253.66 million worth of Bitcoin Cash was traded on exchanges in the last day. In the last seven days, Bitcoin Cash has traded 0.8% lower against the US dollar. One Bitcoin Cash coin can currently be bought for about $389.44 or 0.00631482 BTC on popular cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed in the last day:

• Bitcoin (BTC) traded 1% higher against the dollar and now trades at $61,663.55 or 1.00000000 BTC.
• Arweave (AR) traded 0.1% lower against the dollar and now trades at $26.11 or 0.00042333 BTC.
• Bitcoin SV (BSV) traded 2.6% higher against the dollar and now trades at $45.62 or 0.00073974 BTC.
• eCash (XEC) traded 2% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 4.7% higher against the dollar and now trades at $0.13 or 0.00000209 BTC.

About Bitcoin Cash

Bitcoin Cash 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 19,725,441 coins. The Reddit community for Bitcoin Cash is /r/Bitcoincash and the currency’s Github account can be viewed here. Bitcoin Cash’s official Twitter account is @bitcolncash and its Facebook page is accessible here. The official message board for Bitcoin Cash is bitcointalk.org. Bitcoin Cash’s official website is www.bitcoincash.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 acquire Bitcoin Cash using US dollars directly can do so using Coinbase, Changelly or Gemini.

BCH/USD price chart by TradingView