Bitcoin Cash (BCH) Trading Down 7.1% Over Last 7 Days

Bitcoin Cash (BCH) traded up 1.4% against the US dollar during the 24 hour period ending at 20:00 PM ET on September 7th. Bitcoin Cash has a market capitalization of $5.92 billion and $146.90 million worth of Bitcoin Cash was traded on exchanges in the last day. During the last week, Bitcoin Cash has traded down 7.1% against the US dollar. One Bitcoin Cash coin can currently be purchased for approximately $299.48 or 0.00553550 BTC on major cryptocurrency exchanges.

Here is how related cryptocurrencies have performed during the last day:

• Bitcoin (BTC) traded up 0% against the dollar and now trades at $54,027.95 or 1.00000000 BTC.
• Arweave (AR) traded down 2.1% against the dollar and now trades at $19.64 or 0.00036293 BTC.
• Bitcoin SV (BSV) traded 1.1% lower against the dollar and now trades at $44.15 or 0.00081616 BTC.
• eCash (XEC) traded 0.8% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 4.2% higher against the dollar and now trades at $0.10 or 0.00000191 BTC.

About Bitcoin Cash

BCH 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 19,757,744 coins. The Reddit community for Bitcoin Cash is /r/Bitcoincash and the currency’s Github account can be viewed here. Bitcoin Cash’s official website is www.bitcoincash.org. The official message board for Bitcoin Cash is bitcointalk.org. Bitcoin Cash’s official Twitter account is @bitcolncash and its Facebook page is accessible 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 acquire Bitcoin Cash using US dollars directly can do so using Coinbase, Gemini or Changelly.

BCH/USD price chart by TradingView