Bitcoin Cash (BCH) Price Tops $363.87 on Exchanges

Bitcoin Cash (BCH) traded up 9.8% against the US dollar during the twenty-four hour period ending at 23:00 PM ET on November 5th. One Bitcoin Cash coin can now be bought for about $363.87 or 0.00489642 BTC on popular exchanges. Bitcoin Cash has a market capitalization of $7.20 billion and approximately $394.02 million worth of Bitcoin Cash was traded on exchanges in the last 24 hours. In the last week, Bitcoin Cash has traded 4% lower against the US dollar.

Here is how other cryptocurrencies have performed in the last 24 hours:

• Bitcoin (BTC) traded up 9% against the dollar and now trades at $74,313.74 or 1.00000000 BTC.
• Bitcoin SV (BSV) traded up 10.6% against the dollar and now trades at $50.50 or 0.00067962 BTC.
• Arweave (AR) traded up 11.2% against the dollar and now trades at $14.63 or 0.00019693 BTC.
• eCash (XEC) traded up 9.7% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 11.8% higher against the dollar and now trades at $0.0950 or 0.00000128 BTC.

Bitcoin Cash Profile

Bitcoin Cash is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its launch date was August 1st, 2017. Bitcoin Cash’s total supply is 19,784,372 coins. 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. The official website for Bitcoin Cash is www.bitcoincash.org. 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.”

Bitcoin Cash Coin Trading

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

BCH/USD price chart by TradingView