Bitcoin Cash (BCH) Achieves Market Cap of $6.69 Billion

Bitcoin Cash (BCH) traded 4.3% lower against the US dollar during the twenty-four hour period ending at 19:00 PM ET on November 3rd. Bitcoin Cash has a total market cap of $6.69 billion and $276.49 million worth of Bitcoin Cash was traded on exchanges in the last 24 hours. Over the last seven days, Bitcoin Cash has traded down 4% against the US dollar. One Bitcoin Cash coin can now be purchased for $338.27 or 0.00493743 BTC on major exchanges.

Here’s how related cryptocurrencies have performed over the last 24 hours:

• Bitcoin (BTC) traded down 1.1% against the dollar and now trades at $68,511.32 or 1.00000000 BTC.
• Bitcoin SV (BSV) traded 4.4% lower against the dollar and now trades at $46.84 or 0.00068372 BTC.
• Arweave (AR) traded down 5.1% against the dollar and now trades at $13.75 or 0.00020074 BTC.
• eCash (XEC) traded down 4.4% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 11.1% lower against the dollar and now trades at $0.0867 or 0.00000127 BTC.

Bitcoin Cash Coin Profile

Bitcoin Cash (BCH) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its genesis date was August 1st, 2017. Bitcoin Cash’s total supply is 19,783,331 coins. Bitcoin Cash’s official Twitter account is @bitcolncash and its Facebook page is accessible here. The Reddit community for Bitcoin Cash is /r/Bitcoincash and the currency’s Github account can be viewed 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.”

Bitcoin Cash Coin Trading

Investors seeking to trade Bitcoin Cash using US dollars directly can do so using Gemini, Coinbase or Changelly.

BCH/USD price chart by TradingView