Bitcoin Cash 24 Hour Trading Volume Tops $311.95 Million (BCH)

Bitcoin Cash (BCH) traded 3.6% lower against the US dollar during the 1 day period ending at 7:00 AM ET on July 3rd. One Bitcoin Cash coin can now be purchased for about $372.56 or 0.00619348 BTC on popular exchanges. Bitcoin Cash has a market cap of $7.35 billion and $311.95 million worth of Bitcoin Cash was traded on exchanges in the last 24 hours. Over the last week, Bitcoin Cash has traded 1% lower against the US dollar.

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

• Bitcoin (BTC) traded 4% lower against the dollar and now trades at $60,154.02 or 1.00000000 BTC.
• Arweave (AR) traded 5% lower against the dollar and now trades at $26.88 or 0.00044688 BTC.
• Bitcoin SV (BSV) traded down 3.1% against the dollar and now trades at $43.11 or 0.00071660 BTC.
• eCash (XEC) traded down 1.4% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded down 5.9% against the dollar and now trades at $0.12 or 0.00000199 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 19,728,216 coins. Bitcoin Cash’s official website is www.bitcoincash.org. The Reddit community for Bitcoin Cash is /r/Bitcoincash and the currency’s Github account can be viewed here. Bitcoin Cash’s official Twitter account is @bitcolncash and its Facebook page is accessible here. 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.”

Buying and Selling Bitcoin Cash

Investors seeking to acquire Bitcoin Cash using US dollars directly can do so using Changelly, Coinbase or GDAX.

BCH/USD price chart by TradingView