Bitcoin Cash Price Tops $498.76 (BCH)

Bitcoin Cash (BCH) traded 2.7% lower against the dollar during the 24-hour period ending at 17:00 PM ET on May 22nd. During the last week, Bitcoin Cash has traded up 7.3% against the dollar. Bitcoin Cash has a total market cap of $9.83 billion and $401.61 million worth of Bitcoin Cash was traded on exchanges in the last day. One Bitcoin Cash coin can now be bought for approximately $498.76 or 0.00719726 BTC on major cryptocurrency exchanges.

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

• Bitcoin (BTC) traded 0.4% lower against the dollar and now trades at $69,298.57 or 1.00000000 BTC.
• Arweave (AR) traded up 0.1% against the dollar and now trades at $44.58 or 0.00064333 BTC.
• Bitcoin SV (BSV) traded down 5.1% against the dollar and now trades at $65.31 or 0.00094252 BTC.
• eCash (XEC) traded down 1.5% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Syscoin (SYS) traded 5.6% lower against the dollar and now trades at $0.19 or 0.00000267 BTC.

About Bitcoin Cash

Bitcoin Cash 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 19,709,241 coins. 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. 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 acquire Bitcoin Cash using US dollars directly can do so using Coinbase, Changelly or Gemini.

BCH/USD price chart by TradingView