Bitcoin Cash (BCH) Reaches 1-Day Volume of $340.21 Million

Bitcoin Cash (BCH) traded up 0.7% against the dollar during the twenty-four hour period ending at 11:00 AM E.T. on April 23rd. Bitcoin Cash has a market cap of $10.12 billion and approximately $340.21 million worth of Bitcoin Cash was traded on exchanges in the last day. One Bitcoin Cash coin can now be bought for about $513.61 or 0.00767162 BTC on major cryptocurrency exchanges. During the last week, Bitcoin Cash has traded up 8.8% against the dollar.

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

• Bitcoin (BTC) traded 1% higher against the dollar and now trades at $66,949.80 or 1.00000000 BTC.
• Arweave (AR) traded 3.8% higher against the dollar and now trades at $34.86 or 0.00052062 BTC.
• Bitcoin SV (BSV) traded 0.9% higher against the dollar and now trades at $72.37 or 0.00108095 BTC.
• eCash (XEC) traded 0.8% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Syscoin (SYS) traded down 3.3% against the dollar and now trades at $0.24 or 0.00000360 BTC.

About Bitcoin Cash

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 19,695,725 coins. Bitcoin Cash’s official website is www.bitcoincash.org. 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 Reddit community for Bitcoin Cash is /r/Bitcoincash and the currency’s Github account can be viewed 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 trade Bitcoin Cash using US dollars directly can do so using Changelly, GDAX or Gemini.

BCH/USD price chart by TradingView