Bitcoin Cash (BCH) 24-Hour Trading Volume Reaches $496.41 Million

Bitcoin Cash (BCH) traded 1.3% lower against the dollar during the 1 day period ending at 10:00 AM E.T. on December 16th. Bitcoin Cash has a total market cap of $10.59 billion and approximately $496.41 million worth of Bitcoin Cash was traded on exchanges in the last day. In the last week, Bitcoin Cash has traded 11.7% lower against the dollar. One Bitcoin Cash coin can now be purchased for $534.89 or 0.00505617 BTC on popular cryptocurrency exchanges.

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

• Bitcoin (BTC) traded 3.2% higher against the dollar and now trades at $105,789.03 or 1.00000000 BTC.
• Arweave (AR) traded down 3.4% against the dollar and now trades at $21.68 or 0.00020494 BTC.
• Bitcoin SV (BSV) traded 1.5% lower against the dollar and now trades at $65.65 or 0.00062057 BTC.
• eCash (XEC) traded 1.8% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 2.3% lower against the dollar and now trades at $0.15 or 0.00000137 BTC.

About Bitcoin Cash

Bitcoin Cash (CRYPTO:BCH) 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 19,802,666 coins. Bitcoin Cash’s official Twitter account is @bitcolncash and its Facebook page is accessible here. 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.

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 Coinbase, Gemini or GDAX.

BCH/USD price chart by TradingView