Bitcoin Gold (BTG) Trading 2.1% Lower Over Last Week

Bitcoin Gold (BTG) traded up 5.6% against the U.S. dollar during the 24-hour period ending at 11:00 AM Eastern on June 23rd. One Bitcoin Gold coin can now be purchased for about $27.91 or 0.00043504 BTC on cryptocurrency exchanges. In the last seven days, Bitcoin Gold has traded down 2.1% against the U.S. dollar. Bitcoin Gold has a market capitalization of $488.85 million and $18.93 million worth of Bitcoin Gold was traded on exchanges in the last 24 hours.

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

• Zcash (ZEC) traded 0.6% lower against the dollar and now trades at $19.94 or 0.00031076 BTC.
• Horizen (ZEN) traded 0.5% higher against the dollar and now trades at $6.54 or 0.00010194 BTC.
• Komodo (KMD) traded 0.5% lower against the dollar and now trades at $0.34 or 0.00000536 BTC.
• Pirate Chain (ARRR) traded down 0.5% against the dollar and now trades at $0.21 or 0.00000323 BTC.
• ZClassic (ZCL) traded up 1% against the dollar and now trades at $0.0520 or 0.00000081 BTC.

About Bitcoin Gold

Bitcoin Gold (CRYPTO: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. The official website for Bitcoin Gold is bitcoingold.org. Bitcoin Gold’s official Twitter account is @bitcoingold and its Facebook page is accessible here. The official message board for Bitcoin Gold is forum.bitcoingold.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 presently possible to purchase alternative cryptocurrencies such as Bitcoin Gold directly using US dollars. Investors seeking to trade Bitcoin Gold should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Coinbase 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