Bitcoin Cash Trading Up 8.6% Over Last Week (BCH)

Bitcoin Cash (BCH) traded 7.3% higher against the US dollar during the twenty-four hour period ending at 12:00 PM ET on October 29th. Bitcoin Cash has a total market capitalization of $7.65 billion and approximately $429.03 million worth of Bitcoin Cash was traded on exchanges in the last day. One Bitcoin Cash coin can currently be bought for $386.97 or 0.00534270 BTC on major cryptocurrency exchanges. In the last seven days, Bitcoin Cash has traded 8.6% higher against the US dollar.

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

• Bitcoin (BTC) traded up 5.7% against the dollar and now trades at $72,400.13 or 1.00000000 BTC.
• Arweave (AR) traded up 8.4% against the dollar and now trades at $16.79 or 0.00023176 BTC.
• Bitcoin SV (BSV) traded up 4.6% against the dollar and now trades at $52.24 or 0.00072120 BTC.
• eCash (XEC) traded up 5.6% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 3% higher against the dollar and now trades at $0.10 or 0.00000141 BTC.

Bitcoin Cash Coin Profile

Bitcoin Cash (BCH) 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 19,781,000 coins. 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. 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 U.S. dollars directly can do so using Changelly, Coinbase or GDAX.

BCH/USD price chart by TradingView