Bitcoin Cash Hits Market Capitalization of $7.25 Billion (BCH)

Bitcoin Cash (BCH) traded down 1.3% against the dollar during the twenty-four hour period ending at 0:00 AM Eastern on October 18th. Bitcoin Cash has a total market cap of $7.25 billion and approximately $287.86 million worth of Bitcoin Cash was traded on exchanges in the last 24 hours. One Bitcoin Cash coin can currently be bought for $366.80 or 0.00535727 BTC on popular exchanges. In the last seven days, Bitcoin Cash has traded up 12.7% against the dollar.

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

• Bitcoin (BTC) traded 1.3% higher against the dollar and now trades at $68,468.42 or 1.00000000 BTC.
• Arweave (AR) traded up 1.9% against the dollar and now trades at $19.09 or 0.00027887 BTC.
• Bitcoin SV (BSV) traded 0.2% lower against the dollar and now trades at $51.17 or 0.00074742 BTC.
• eCash (XEC) traded 1.1% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded up 1.1% against the dollar and now trades at $0.10 or 0.00000149 BTC.

About Bitcoin Cash

Bitcoin Cash (CRYPTO:BCH) 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 19,776,225 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. The official website for Bitcoin Cash is www.bitcoincash.org. 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.”

Buying and Selling Bitcoin Cash

Investors seeking to acquire Bitcoin Cash using U.S. dollars directly can do so using Coinbase, Changelly or Gemini.

BCH/USD price chart by TradingView