Bitcoin Gold (BTG) Trading Down 9.7% Over Last 7 Days

Bitcoin Gold (BTG) traded down 0.3% against the US dollar during the 1 day period ending at 0:00 AM Eastern on June 15th. Bitcoin Gold has a market capitalization of $504.90 million and approximately $839,694.42 worth of Bitcoin Gold was traded on exchanges in the last day. One Bitcoin Gold coin can currently be bought for approximately $28.83 or 0.00043608 BTC on popular cryptocurrency exchanges. In the last seven days, Bitcoin Gold has traded down 9.7% against the US dollar.

Here is how similar cryptocurrencies have performed in the last day:

• Zcash (ZEC) traded down 1.7% against the dollar and now trades at $22.42 or 0.00033914 BTC.
• Horizen (ZEN) traded down 2% against the dollar and now trades at $7.14 or 0.00010801 BTC.
• Komodo (KMD) traded down 1.1% against the dollar and now trades at $0.37 or 0.00000563 BTC.
• Pirate Chain (ARRR) traded down 3.7% against the dollar and now trades at $0.22 or 0.00000334 BTC.
• ZClassic (ZCL) traded down 0.2% against the dollar and now trades at $0.0595 or 0.00000090 BTC.

Bitcoin Gold Profile

Bitcoin Gold is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. It was first traded on 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. The official message board for Bitcoin Gold 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 possible to purchase alternative cryptocurrencies such as Bitcoin Gold directly using U.S. dollars. Investors seeking to trade Bitcoin Gold should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Bitcoin Gold using one of the exchanges listed above.

BTG/USD price chart by TradingView