Bitcoin Cash (BCH) Tops One Day Volume of $213.12 Million

Bitcoin Cash (BCH) traded 2.6% lower against the dollar during the 24 hour period ending at 20:00 PM E.T. on October 23rd. Over the last week, Bitcoin Cash has traded down 4.7% against the dollar. One Bitcoin Cash coin can currently be bought for $348.03 or 0.00521907 BTC on exchanges. Bitcoin Cash has a total market capitalization of $6.88 billion and approximately $213.12 million worth of Bitcoin Cash was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed over the last day:

• Bitcoin (BTC) traded 0.9% lower against the dollar and now trades at $66,684.07 or 1.00000000 BTC.
• Arweave (AR) traded 2.5% lower against the dollar and now trades at $18.00 or 0.00026988 BTC.
• Bitcoin SV (BSV) traded down 3% against the dollar and now trades at $46.89 or 0.00070321 BTC.
• eCash (XEC) traded 2.5% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 5% lower against the dollar and now trades at $0.10 or 0.00000152 BTC.

Bitcoin Cash Profile

Bitcoin Cash is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It was first traded on August 1st, 2017. Bitcoin Cash’s total supply is 19,778,416 coins. The Reddit community for Bitcoin Cash is /r/Bitcoincash and the currency’s Github account can be viewed here. Bitcoin Cash’s official Twitter account is @bitcolncash and its Facebook page is accessible here. Bitcoin Cash’s official message board is bitcointalk.org. The official website for Bitcoin Cash is www.bitcoincash.org.

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 US dollars directly can do so using Changelly, Coinbase or Gemini.

BCH/USD price chart by TradingView