Bitcoin Cash (BCH) Market Cap Tops $9.68 Billion

Bitcoin Cash (BCH) traded down 0.6% against the U.S. dollar during the 1-day period ending at 23:00 PM ET on May 25th. One Bitcoin Cash coin can currently be bought for approximately $491.11 or 0.00711956 BTC on major cryptocurrency exchanges. During the last seven days, Bitcoin Cash has traded down 0.5% against the U.S. dollar. Bitcoin Cash has a total market capitalization of $9.68 billion and approximately $274.50 million worth of Bitcoin Cash was traded on exchanges in the last day.

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

• Bitcoin (BTC) traded up 0.4% against the dollar and now trades at $68,998.91 or 1.00000000 BTC.
• Arweave (AR) traded down 1.6% against the dollar and now trades at $40.07 or 0.00058084 BTC.
• Bitcoin SV (BSV) traded down 0.8% against the dollar and now trades at $63.24 or 0.00091674 BTC.
• eCash (XEC) traded 0.5% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded up 1.3% against the dollar and now trades at $0.19 or 0.00000275 BTC.

Bitcoin Cash Coin Profile

Bitcoin Cash is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its launch date was August 1st, 2017. Bitcoin Cash’s total supply is 19,710,728 coins. Bitcoin Cash’s official message board is bitcointalk.org. Bitcoin Cash’s official website is www.bitcoincash.org. 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.

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 trade Bitcoin Cash using U.S. dollars directly can do so using Gemini, GDAX or Changelly.

BCH/USD price chart by TradingView