Bitcoin Cash Price Reaches $323.69 on Major Exchanges (BCH)

Bitcoin Cash (BCH) traded up 1.4% against the US dollar during the 24-hour period ending at 16:00 PM Eastern on October 6th. One Bitcoin Cash coin can now be purchased for approximately $323.69 or 0.00516994 BTC on major exchanges. Bitcoin Cash has a total market cap of $6.40 billion and approximately $123.60 million worth of Bitcoin Cash was traded on exchanges in the last day. In the last seven days, Bitcoin Cash has traded 8.6% lower against the US dollar.

Here’s how related cryptocurrencies have performed in the last day:

• Bitcoin (BTC) traded 1.4% higher against the dollar and now trades at $62,610.73 or 1.00000000 BTC.
• Arweave (AR) traded 5.7% higher against the dollar and now trades at $19.29 or 0.00030806 BTC.
• Bitcoin SV (BSV) traded up 2% against the dollar and now trades at $46.30 or 0.00073943 BTC.
• eCash (XEC) traded up 1.7% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded up 9.1% against the dollar and now trades at $0.10 or 0.00000163 BTC.

Bitcoin Cash 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 19,770,634 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. Bitcoin Cash’s official message board is bitcointalk.org. Bitcoin Cash’s official website is www.bitcoincash.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 GDAX, Changelly or Coinbase.

BCH/USD price chart by TradingView