Bitcoin Cash (BCH) Market Capitalization Achieves $6.25 Billion

Bitcoin Cash (BCH) traded 7.9% lower against the US dollar during the 1 day period ending at 17:00 PM Eastern on October 1st. One Bitcoin Cash coin can currently be bought for about $316.22 or 0.00520537 BTC on major cryptocurrency exchanges. During the last seven days, Bitcoin Cash has traded down 8.7% against the US dollar. Bitcoin Cash has a total market cap of $6.25 billion and $307.53 million worth of Bitcoin Cash was traded on exchanges in the last 24 hours.

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

• Bitcoin (BTC) traded 4.6% lower against the dollar and now trades at $60,734.06 or 1.00000000 BTC.
• Arweave (AR) traded 16.4% lower against the dollar and now trades at $19.46 or 0.00032027 BTC.
• Bitcoin SV (BSV) traded down 9% against the dollar and now trades at $45.20 or 0.00074402 BTC.
• eCash (XEC) traded down 8.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded down 14.1% against the dollar and now trades at $0.0941 or 0.00000155 BTC.

About Bitcoin Cash

Bitcoin Cash (CRYPTO: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 19,768,416 coins. The Reddit community for Bitcoin Cash is /r/Bitcoincash and the currency’s Github account can be viewed here. Bitcoin Cash’s official message board is bitcointalk.org. The official website for Bitcoin Cash is www.bitcoincash.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 acquire Bitcoin Cash using US dollars directly can do so using GDAX, Gemini or Changelly.

BCH/USD price chart by TradingView