Bitcoin Cash (BCH) Market Cap Achieves $9.02 Billion

Bitcoin Cash (BCH) traded 1.6% lower against the dollar during the 24 hour period ending at 0:00 AM E.T. on May 31st. Bitcoin Cash has a total market capitalization of $9.02 billion and approximately $251.51 million worth of Bitcoin Cash was traded on exchanges in the last day. One Bitcoin Cash coin can currently be bought for $457.44 or 0.00676067 BTC on exchanges. Over the last week, Bitcoin Cash has traded down 7.7% against the dollar.

Here is how other cryptocurrencies have performed over the last day:

  • Bitcoin (BTC) traded 1.2% lower against the dollar and now trades at $67,666.06 or 1.00000000 BTC.
  • Arweave (AR) traded 3% higher against the dollar and now trades at $45.29 or 0.00066932 BTC.
  • Bitcoin SV (BSV) traded down 1.8% against the dollar and now trades at $61.43 or 0.00090791 BTC.
  • eCash (XEC) traded 1.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Syscoin (SYS) traded 1.2% lower against the dollar and now trades at $0.19 or 0.00000284 BTC.

Bitcoin Cash Profile

Bitcoin Cash is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It was first traded on August 1st, 2017. Bitcoin Cash’s total supply is 19,713,341 coins. 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 message board is bitcointalk.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 trade Bitcoin Cash using US dollars directly can do so using Changelly, Coinbase or Gemini.

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