Bitcoin Gold Market Cap Reaches $419.88 Million (BTG)

Bitcoin Gold (BTG) traded 4.4% lower against the US dollar during the 24 hour period ending at 14:00 PM ET on July 3rd. In the last seven days, Bitcoin Gold has traded down 6% against the US dollar. Bitcoin Gold has a total market cap of $419.88 million and approximately $2.29 million worth of Bitcoin Gold was traded on exchanges in the last 24 hours. One Bitcoin Gold coin can now be purchased for $23.97 or 0.00039759 BTC on cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• Zcash (ZEC) traded down 1.7% against the dollar and now trades at $20.37 or 0.00033783 BTC.
• Horizen (ZEN) traded 12.8% higher against the dollar and now trades at $8.08 or 0.00013408 BTC.
• Komodo (KMD) traded down 5.2% against the dollar and now trades at $0.30 or 0.00000503 BTC.
• Pirate Chain (ARRR) traded 0.1% higher against the dollar and now trades at $0.18 or 0.00000297 BTC.
• ZClassic (ZCL) traded down 2.7% against the dollar and now trades at $0.0489 or 0.00000081 BTC.

Bitcoin Gold Profile

Bitcoin Gold (CRYPTO:BTG) is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. Its genesis date was October 25th, 2017. Bitcoin Gold’s total supply is 17,513,924 coins. 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 message board is forum.bitcoingold.org. Bitcoin Gold’s official Twitter account is @bitcoingold and its Facebook page is accessible here. Bitcoin Gold’s official website 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.”

Bitcoin Gold Coin Trading

It is usually not possible to purchase alternative cryptocurrencies such as Bitcoin Gold directly using U.S. dollars. Investors seeking to acquire Bitcoin Gold should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Gemini. 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