Bitcoin Cash Achieves Market Cap of $6.71 Billion (BCH)

Bitcoin Cash (BCH) traded 0.8% lower against the U.S. dollar during the 24-hour period ending at 13:00 PM E.T. on September 22nd. Bitcoin Cash has a market cap of $6.71 billion and approximately $155.51 million worth of Bitcoin Cash was traded on exchanges in the last 24 hours. Over the last week, Bitcoin Cash has traded up 5.9% against the U.S. dollar. One Bitcoin Cash coin can currently be purchased for approximately $339.63 or 0.00540319 BTC on exchanges.

Here’s how related cryptocurrencies have performed over the last 24 hours:

• Bitcoin (BTC) traded down 0.6% against the dollar and now trades at $62,857.88 or 1.00000000 BTC.
• Arweave (AR) traded down 3.4% against the dollar and now trades at $19.36 or 0.00030805 BTC.
• Bitcoin SV (BSV) traded 3.2% lower against the dollar and now trades at $48.05 or 0.00076435 BTC.
• eCash (XEC) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded down 1.5% against the dollar and now trades at $0.11 or 0.00000171 BTC.

Bitcoin Cash Coin Profile

Bitcoin Cash (CRYPTO: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 19,764,347 coins. Bitcoin Cash’s official message board is bitcointalk.org. 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 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 US dollars directly can do so using Coinbase, Changelly or GDAX.

BCH/USD price chart by TradingView