Bitcoin Cash Hits Market Cap of $7.35 Billion (BCH)

Bitcoin Cash (BCH) traded 1.8% lower against the dollar during the 1-day period ending at 21:00 PM E.T. on July 3rd. Bitcoin Cash has a total market cap of $7.35 billion and $309.35 million worth of Bitcoin Cash was traded on exchanges in the last 24 hours. One Bitcoin Cash coin can now be bought for about $372.72 or 0.00617264 BTC on cryptocurrency exchanges. In the last seven days, Bitcoin Cash has traded down 0.4% against the dollar.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• Bitcoin (BTC) traded down 2.4% against the dollar and now trades at $60,382.25 or 1.00000000 BTC.
• Arweave (AR) traded down 9.6% against the dollar and now trades at $25.98 or 0.00043027 BTC.
• Bitcoin SV (BSV) traded down 4.2% against the dollar and now trades at $42.59 or 0.00070531 BTC.
• eCash (XEC) traded down 5.1% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded down 8.6% against the dollar and now trades at $0.11 or 0.00000190 BTC.

About Bitcoin Cash

Bitcoin Cash (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 19,728,566 coins. The Reddit community for Bitcoin Cash is /r/Bitcoincash and the currency’s Github account can be viewed here. 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 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 GDAX.

BCH/USD price chart by TradingView