Bitcoin Cash Price Up 5.9% This Week (BCH)

Bitcoin Cash (BCH) traded 1.3% lower against the U.S. dollar during the 24 hour period ending at 19:00 PM Eastern on August 24th. Bitcoin Cash has a total market cap of $7.13 billion and $193.23 million worth of Bitcoin Cash was traded on exchanges in the last day. During the last seven days, Bitcoin Cash has traded up 5.9% against the U.S. dollar. One Bitcoin Cash coin can currently be purchased for $361.02 or 0.00564735 BTC on exchanges.

Here is how related cryptocurrencies have performed during the last day:

• Bitcoin (BTC) traded 0.2% lower against the dollar and now trades at $63,927.21 or 1.00000000 BTC.
• Arweave (AR) traded 0.8% lower against the dollar and now trades at $26.14 or 0.00040890 BTC.
• Bitcoin SV (BSV) traded down 1.3% against the dollar and now trades at $46.92 or 0.00073400 BTC.
• eCash (XEC) traded down 2.1% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded down 5.3% against the dollar and now trades at $0.15 or 0.00000230 BTC.

Bitcoin Cash Profile

Bitcoin Cash (CRYPTO:BCH) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its launch date was August 1st, 2017. Bitcoin Cash’s total supply is 19,751,431 coins. The official website for Bitcoin Cash is www.bitcoincash.org. The Reddit community for Bitcoin Cash is /r/Bitcoincash and the currency’s Github account can be viewed here. 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 acquire Bitcoin Cash using U.S. dollars directly can do so using Coinbase, Gemini or Changelly.

BCH/USD price chart by TradingView