Bitcoin Cash Trading Up 10.4% Over Last Week (BCH)

Bitcoin Cash (BCH) traded up 4.4% against the U.S. dollar during the 24 hour period ending at 11:00 AM Eastern on January 17th. One Bitcoin Cash coin can currently be bought for $485.16 or 0.00463291 BTC on popular exchanges. During the last week, Bitcoin Cash has traded 10.4% higher against the U.S. dollar. Bitcoin Cash has a total market cap of $9.61 billion and approximately $550.78 million worth of Bitcoin Cash was traded on exchanges in the last 24 hours.

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

• Bitcoin (BTC) traded 5.4% higher against the dollar and now trades at $104,720.39 or 1.00000000 BTC.
• Arweave (AR) traded 1.7% higher against the dollar and now trades at $17.77 or 0.00016970 BTC.
• Bitcoin SV (BSV) traded 2.7% higher against the dollar and now trades at $58.76 or 0.00056113 BTC.
• eCash (XEC) traded up 1.6% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded up 7.2% against the dollar and now trades at $0.12 or 0.00000112 BTC.

Bitcoin Cash Profile

Bitcoin Cash (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 19,817,050 coins. Bitcoin Cash’s official message board is bitcointalk.org. 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. 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, Gemini or Coinbase.

BCH/USD price chart by TradingView