Bitcoin Cash (BCH) Reaches Market Cap of $6.76 Billion

Bitcoin Cash (BCH) traded 1.9% lower against the U.S. dollar during the 1-day period ending at 7:00 AM Eastern on November 3rd. One Bitcoin Cash coin can currently be purchased for about $341.87 or 0.00500361 BTC on major exchanges. Bitcoin Cash has a total market cap of $6.76 billion and $282.01 million worth of Bitcoin Cash was traded on exchanges in the last day. During the last week, Bitcoin Cash has traded down 1.6% against the U.S. dollar.

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

• Bitcoin (BTC) traded 1.8% lower against the dollar and now trades at $68,336.73 or 1.00000000 BTC.
• Bitcoin SV (BSV) traded 5.2% lower against the dollar and now trades at $47.20 or 0.00069076 BTC.
• Arweave (AR) traded down 6.5% against the dollar and now trades at $13.83 or 0.00020238 BTC.
• eCash (XEC) traded down 4.4% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 10.7% lower against the dollar and now trades at $0.0912 or 0.00000133 BTC.

About 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 19,783,097 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. Bitcoin Cash’s official message board 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 acquire Bitcoin Cash using U.S. dollars directly can do so using Changelly, Coinbase or Gemini.

BCH/USD price chart by TradingView