Bitcoin Gold (BTG) Trading 6.8% Higher Over Last 7 Days

Bitcoin Gold (BTG) traded 2.6% higher against the US dollar during the 1-day period ending at 8:00 AM E.T. on October 31st. One Bitcoin Gold coin can currently be purchased for $23.98 or 0.00033229 BTC on cryptocurrency exchanges. Over the last week, Bitcoin Gold has traded up 6.8% against the US dollar. Bitcoin Gold has a market capitalization of $419.97 million and $5.94 million worth of Bitcoin Gold was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed over the last day:

• Zcash (ZEC) traded 1.3% lower against the dollar and now trades at $37.53 or 0.00052011 BTC.
• Horizen (ZEN) traded down 1.9% against the dollar and now trades at $7.48 or 0.00010359 BTC.
• Pirate Chain (ARRR) traded 3% higher against the dollar and now trades at $0.19 or 0.00000266 BTC.
• Komodo (KMD) traded down 2.7% against the dollar and now trades at $0.24 or 0.00000335 BTC.
• ZClassic (ZCL) traded 0.5% higher against the dollar and now trades at $0.0505 or 0.00000070 BTC.

About Bitcoin Gold

Bitcoin Gold (BTG) is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. Its launch date was October 25th, 2017. Bitcoin Gold’s total supply is 17,513,924 coins. The official website for Bitcoin Gold is bitcoingold.org. The Reddit community for Bitcoin Gold is https://reddit.com/r/bitcoingoldhq and the currency’s Github account can be viewed here. Bitcoin Gold’s official Twitter account is @bitcoingold and its Facebook page is accessible here. Bitcoin Gold’s official message board is forum.bitcoingold.org.

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 currently possible to purchase alternative cryptocurrencies such as Bitcoin Gold directly using U.S. dollars. Investors seeking to acquire Bitcoin Gold should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Bitcoin Gold using one of the exchanges listed above.

BTG/USD price chart by TradingView