Bitcoin Cash Market Cap Achieves $6.71 Billion (BCH)

Bitcoin Cash (BCH) traded 0.8% lower against the US dollar during the 24-hour period ending at 14:00 PM ET on August 18th. One Bitcoin Cash coin can now be bought for $339.74 or 0.00570063 BTC on major cryptocurrency exchanges. In the last week, Bitcoin Cash has traded down 0.4% against the US dollar. Bitcoin Cash has a total market capitalization of $6.71 billion and approximately $169.66 million worth of Bitcoin Cash was traded on exchanges in the last 24 hours.

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

• Bitcoin (BTC) traded up 0.2% against the dollar and now trades at $59,596.15 or 1.00000000 BTC.
• Arweave (AR) traded 1% lower against the dollar and now trades at $21.15 or 0.00035496 BTC.
• Bitcoin SV (BSV) traded 0.5% higher against the dollar and now trades at $42.94 or 0.00072044 BTC.
• eCash (XEC) traded 0.7% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 32.2% higher against the dollar and now trades at $0.10 or 0.00000171 BTC.

Bitcoin Cash Profile

Bitcoin Cash is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It launched on August 1st, 2017. Bitcoin Cash’s total supply is 19,748,675 coins. Bitcoin Cash’s official website is www.bitcoincash.org. Bitcoin Cash’s official message board is bitcointalk.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.

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 trade Bitcoin Cash using U.S. dollars directly can do so using Changelly, GDAX or Gemini.

BCH/USD price chart by TradingView