Bitcoin Gold Price Up 91.3% This Week (BTG)

Bitcoin Gold (BTG) traded down 45.7% against the dollar during the 1 day period ending at 9:00 AM E.T. on January 20th. During the last seven days, Bitcoin Gold has traded up 91.3% against the dollar. One Bitcoin Gold coin can currently be purchased for $1.14 or 0.00001254 BTC on major cryptocurrency exchanges. Bitcoin Gold has a total market capitalization of $19.95 million and $1.42 thousand worth of Bitcoin Gold was traded on exchanges in the last 24 hours.

Here is how other cryptocurrencies have performed during the last 24 hours:

• Zcash (ZEC) traded down 4.9% against the dollar and now trades at $351.76 or 0.00387105 BTC.
• Horizen (ZEN) traded 7.9% lower against the dollar and now trades at $10.14 or 0.00011158 BTC.
• Pirate Chain (ARRR) traded 9.4% lower against the dollar and now trades at $0.46 or 0.00000506 BTC.
• Komodo (KMD) traded 0.5% lower against the dollar and now trades at $0.0366 or 0.00000040 BTC.
• ZClassic (ZCL) traded 3.2% lower against the dollar and now trades at $0.32 or 0.00000357 BTC.

About Bitcoin Gold

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. 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. The official website for Bitcoin Gold is btgofficial.org. The Reddit community for Bitcoin Gold is https://reddit.com/r/bitcoingoldhq and the currency’s Github account can be viewed here.

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 currently possible to purchase alternative cryptocurrencies such as Bitcoin Gold directly using U.S. dollars. Investors seeking to trade Bitcoin Gold should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Bitcoin Gold using one of the aforementioned exchanges.

BTG/USD price chart by TradingView