Bitcoin Cash (BCH) Price Down 6.6% This Week

Bitcoin Cash (BCH) traded up 1.4% against the US dollar during the 24 hour period ending at 23:00 PM E.T. on July 10th. Bitcoin Cash has a market capitalization of $6.66 billion and $225.54 million worth of Bitcoin Cash was traded on exchanges in the last day. One Bitcoin Cash coin can currently be purchased for about $337.68 or 0.00588441 BTC on major exchanges. In the last seven days, Bitcoin Cash has traded down 6.6% against the US dollar.

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

  • Bitcoin (BTC) traded down 1.2% against the dollar and now trades at $57,384.81 or 1.00000000 BTC.
  • Arweave (AR) traded up 1.5% against the dollar and now trades at $22.48 or 0.00039169 BTC.
  • Bitcoin SV (BSV) traded 0.9% higher against the dollar and now trades at $37.70 or 0.00065703 BTC.
  • eCash (XEC) traded up 2.3% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Syscoin (SYS) traded up 1.9% against the dollar and now trades at $0.11 or 0.00000184 BTC.

Bitcoin Cash Profile

BCH 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 19,731,159 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 Twitter account is @bitcolncash and its Facebook page is accessible here. 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 trade Bitcoin Cash using US dollars directly can do so using Changelly, GDAX or Coinbase.

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