Bitcoin Gold Price Down 16% This Week (BTG)

Bitcoin Gold (BTG) traded down 3.8% against the US dollar during the 24 hour period ending at 13:00 PM ET on June 14th. During the last seven days, Bitcoin Gold has traded down 16% against the US dollar. One Bitcoin Gold coin can currently be bought for $28.84 or 0.00044031 BTC on popular cryptocurrency exchanges. Bitcoin Gold has a total market capitalization of $505.14 million and $2.80 million worth of Bitcoin Gold was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed during the last day:

  • Zcash (ZEC) traded down 0.4% against the dollar and now trades at $22.93 or 0.00035008 BTC.
  • Horizen (ZEN) traded down 2.6% against the dollar and now trades at $7.23 or 0.00011041 BTC.
  • Komodo (KMD) traded down 1.3% against the dollar and now trades at $0.37 or 0.00000566 BTC.
  • Pirate Chain (ARRR) traded down 2.4% against the dollar and now trades at $0.24 or 0.00000361 BTC.
  • Bitcoin Private (BTCP) traded flat against the dollar and now trades at $0.19 or 0.00000700 BTC.
  • ZClassic (ZCL) traded 1.1% lower against the dollar and now trades at $0.0591 or 0.00000090 BTC.

Bitcoin Gold Profile

BTG is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. Its genesis date was October 25th, 2017. Bitcoin Gold’s total supply is 17,513,924 coins. The official message board for Bitcoin Gold is forum.bitcoingold.org. Bitcoin Gold’s official website 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.

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 presently possible to purchase alternative cryptocurrencies such as Bitcoin Gold directly using U.S. dollars. Investors seeking to trade Bitcoin Gold should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Bitcoin Gold using one of the aforementioned exchanges.

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