Bitcoin Cash Price Hits $304.54 on Top Exchanges (BCH)

Bitcoin Cash (BCH) traded down 2.4% against the U.S. dollar during the 1-day period ending at 9:00 AM Eastern on September 7th. Bitcoin Cash has a market capitalization of $6.02 billion and approximately $209.51 million worth of Bitcoin Cash was traded on exchanges in the last 24 hours. In the last week, Bitcoin Cash has traded down 6% against the U.S. dollar. One Bitcoin Cash coin can now be purchased for about $304.54 or 0.00557867 BTC on major cryptocurrency exchanges.

Here is how related cryptocurrencies have performed in the last 24 hours:

• Bitcoin (BTC) traded down 3.7% against the dollar and now trades at $54,623.72 or 1.00000000 BTC.
• Arweave (AR) traded 4.6% lower against the dollar and now trades at $20.68 or 0.00037886 BTC.
• Bitcoin SV (BSV) traded down 3.3% against the dollar and now trades at $45.12 or 0.00082648 BTC.
• eCash (XEC) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded down 3.1% against the dollar and now trades at $0.10 or 0.00000185 BTC.

Bitcoin Cash Coin Profile

Bitcoin Cash is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It launched on August 1st, 2017. Bitcoin Cash’s total supply is 19,757,534 coins. Bitcoin Cash’s official website is www.bitcoincash.org. The Reddit community for Bitcoin Cash is /r/Bitcoincash and the currency’s Github account can be viewed here. The official message board for Bitcoin Cash is bitcointalk.org. Bitcoin Cash’s official Twitter account is @bitcolncash and its Facebook page is accessible 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 acquire Bitcoin Cash using US dollars directly can do so using GDAX, Coinbase or Gemini.

BCH/USD price chart by TradingView