Bitcoin Cash (BCH) Reaches Market Cap of $7.12 Billion

Bitcoin Cash (BCH) traded up 4.7% against the dollar during the 24-hour period ending at 0:00 AM ET on September 26th. In the last seven days, Bitcoin Cash has traded 4.7% higher against the dollar. Bitcoin Cash has a market cap of $7.12 billion and $269.96 million worth of Bitcoin Cash was traded on exchanges in the last 24 hours. One Bitcoin Cash coin can now be purchased for $360.28 or 0.00551080 BTC on major exchanges.

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

• Bitcoin (BTC) traded 3% higher against the dollar and now trades at $65,381.31 or 1.00000000 BTC.
• Arweave (AR) traded up 5% against the dollar and now trades at $23.68 or 0.00036217 BTC.
• Bitcoin SV (BSV) traded 7% higher against the dollar and now trades at $53.10 or 0.00081219 BTC.
• eCash (XEC) traded up 17.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 4.9% higher against the dollar and now trades at $0.11 or 0.00000174 BTC.

Bitcoin Cash Profile

Bitcoin Cash (CRYPTO:BCH) 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 19,766,359 coins. The Reddit community for Bitcoin Cash is /r/Bitcoincash and the currency’s Github account can be viewed here. The official website for Bitcoin Cash is www.bitcoincash.org. The official message board for Bitcoin Cash is bitcointalk.org. 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, Coinbase or Gemini.

BCH/USD price chart by TradingView