Bitcoin Cash Market Capitalization Tops $8.75 Billion (BCH)

Bitcoin Cash (BCH) traded down 4% against the dollar during the 1-day period ending at 10:00 AM Eastern on May 9th. During the last week, Bitcoin Cash has traded 5.5% higher against the dollar. One Bitcoin Cash coin can currently be bought for $444.26 or 0.00724579 BTC on popular cryptocurrency exchanges. Bitcoin Cash has a market cap of $8.75 billion and $270.12 million worth of Bitcoin Cash was traded on exchanges in the last 24 hours.

Here is how other cryptocurrencies have performed during the last 24 hours:

• Bitcoin (BTC) traded down 1.8% against the dollar and now trades at $61,312.92 or 1.00000000 BTC.
• Arweave (AR) traded 5.3% higher against the dollar and now trades at $39.36 or 0.00064189 BTC.
• Bitcoin SV (BSV) traded 3% lower against the dollar and now trades at $62.78 or 0.00102397 BTC.
• eCash (XEC) traded 2.8% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded down 2.8% against the dollar and now trades at $0.18 or 0.00000301 BTC.

Bitcoin Cash Coin 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 19,703,331 coins. Bitcoin Cash’s official Twitter account is @bitcolncash and its Facebook page is accessible here. The official message board for Bitcoin Cash is bitcointalk.org. 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.

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

BCH/USD price chart by TradingView