Bitcoin Cash (BCH) Price Hits $480.37

Bitcoin Cash (BCH) traded down 5.4% against the US dollar during the 1-day period ending at 22:00 PM E.T. on April 24th. Bitcoin Cash has a market capitalization of $9.46 billion and approximately $362.16 million worth of Bitcoin Cash was traded on exchanges in the last day. One Bitcoin Cash coin can now be bought for about $480.37 or 0.00748088 BTC on cryptocurrency exchanges. Over the last week, Bitcoin Cash has traded 2.6% higher against the US dollar.

Here’s how similar cryptocurrencies have performed over the last day:

• Bitcoin (BTC) traded 3.6% lower against the dollar and now trades at $64,213.05 or 1.00000000 BTC.
• Arweave (AR) traded down 3.8% against the dollar and now trades at $32.80 or 0.00051088 BTC.
• Bitcoin SV (BSV) traded down 5.1% against the dollar and now trades at $67.97 or 0.00105846 BTC.
• eCash (XEC) traded down 6.3% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Syscoin (SYS) traded down 5% against the dollar and now trades at $0.23 or 0.00000354 BTC.

Bitcoin Cash Profile

Bitcoin Cash is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its genesis date was August 1st, 2017. Bitcoin Cash’s total supply is 19,696,591 coins. Bitcoin Cash’s official website is www.bitcoincash.org. The official message board for Bitcoin Cash 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 Twitter account is @bitcolncash and its Facebook page is accessible 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.”

Buying and Selling Bitcoin Cash

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

BCH/USD price chart by TradingView