Bitcoin Cash (BCH) Trading 26% Lower Over Last Week

Bitcoin Cash (BCH) traded 3.7% lower against the dollar during the 24-hour period ending at 10:00 AM Eastern on February 6th. One Bitcoin Cash coin can currently be bought for $322.37 or 0.00329662 BTC on major exchanges. Over the last week, Bitcoin Cash has traded 26% lower against the dollar. Bitcoin Cash has a market cap of $6.39 billion and $243.62 million worth of Bitcoin Cash was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed over the last day:

• Bitcoin (BTC) traded down 0.7% against the dollar and now trades at $97,692.90 or 1.00000000 BTC.
• Bitcoin SV (BSV) traded down 5.7% against the dollar and now trades at $39.08 or 0.00039967 BTC.
• Arweave (AR) traded down 8% against the dollar and now trades at $9.89 or 0.00010109 BTC.
• eCash (XEC) traded 5.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded down 5.7% against the dollar and now trades at $0.0649 or 0.00000066 BTC.

Bitcoin Cash Coin Profile

Bitcoin Cash (CRYPTO: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 19,825,588 coins. 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. The official message board for Bitcoin Cash 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 US dollars directly can do so using Gemini, Changelly or GDAX.

BCH/USD price chart by TradingView