Bitcoin Cash Hits Market Capitalization of $4.97 Billion (BCH)

Bitcoin Cash (BCH) traded 1.4% lower against the U.S. dollar during the 1 day period ending at 9:00 AM Eastern on July 11th. During the last week, Bitcoin Cash has traded 9.5% higher against the U.S. dollar. One Bitcoin Cash coin can currently be purchased for $247.67 or 0.00385947 BTC on popular cryptocurrency exchanges. Bitcoin Cash has a market cap of $4.97 billion and $117.17 million worth of Bitcoin Cash was traded on exchanges in the last 24 hours.

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

• Arweave (AR) traded 0.5% higher against the dollar and now trades at $2.00 or 0.00003117 BTC.
• Bitcoin (BTC) traded down 0.4% against the dollar and now trades at $64,172.14 or 1.00000000 BTC.
• Bitcoin SV (BSV) traded up 0.3% against the dollar and now trades at $13.61 or 0.00021213 BTC.
• eCash (XEC) traded 1% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded down 2.6% against the dollar and now trades at $0.0024 or 0.00000004 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 20,059,991 coins. Bitcoin Cash’s official message board 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 website 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.”

Bitcoin Cash Coin Trading

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

BCH/USD price chart by TradingView