Bitcoin Cash Achieves Market Cap of $6.28 Billion (BCH)

Bitcoin Cash (BCH) traded 0.7% lower against the U.S. dollar during the 1-day period ending at 9:00 AM Eastern on September 29th. One Bitcoin Cash coin can now be bought for about $312.45 or 0.00370451 BTC on exchanges. Over the last seven days, Bitcoin Cash has traded 3.3% higher against the U.S. dollar. Bitcoin Cash has a market capitalization of $6.28 billion and $237.75 million worth of Bitcoin Cash was traded on exchanges in the last 24 hours.

Here’s how related cryptocurrencies have performed over the last 24 hours:

• Arweave (AR) traded 1.9% lower against the dollar and now trades at $4.30 or 0.00005097 BTC.
• Bitcoin (BTC) traded 0.9% higher against the dollar and now trades at $84,342.46 or 1.00000000 BTC.
• Bitcoin SV (BSV) traded 1.8% higher against the dollar and now trades at $20.71 or 0.00024549 BTC.
• eCash (XEC) traded 1.9% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded down 1.8% against the dollar and now trades at $0.0027 or 0.00000003 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 20,095,953 coins. The official website for Bitcoin Cash is www.bitcoincash.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. Bitcoin Cash’s official message board is bitcointalk.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, GDAX or Gemini.

BCH/USD price chart by TradingView