Bitcoin Cash Hits Market Capitalization of $6.06 Billion (BCH)

Bitcoin Cash (BCH) traded down 0.5% against the U.S. dollar during the twenty-four hour period ending at 10:00 AM E.T. on March 30th. Over the last week, Bitcoin Cash has traded 5.8% lower against the U.S. dollar. Bitcoin Cash has a market capitalization of $6.06 billion and approximately $104.99 million worth of Bitcoin Cash was traded on exchanges in the last 24 hours. One Bitcoin Cash coin can currently be bought for $305.54 or 0.00369282 BTC on popular cryptocurrency exchanges.

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

• Arweave (AR) traded down 0.8% against the dollar and now trades at $6.47 or 0.00007826 BTC.
• Bitcoin (BTC) traded 0.4% higher against the dollar and now trades at $82,739.81 or 1.00000000 BTC.
• Bitcoin SV (BSV) traded 0.6% lower against the dollar and now trades at $32.06 or 0.00038751 BTC.
• eCash (XEC) traded up 0% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 0.3% lower against the dollar and now trades at $0.0419 or 0.00000051 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 19,849,116 coins. The Reddit community for Bitcoin Cash is /r/Bitcoincash and the currency’s Github account can be viewed here. The official website for Bitcoin Cash 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 hard forked version of the original Bitcoin. It is similar to bitcoin with regards to its protocol; Proof of Work SHA-256 hashing, 21,000,000 supply, same block times and reward system. However two main differences are the the blocksize limits, as of August 2017 Bitcoin has a 1MB blocksize limit whereas BCH proposes 8MB blocks. Bitcoin Cash is a proposal from the viaBTC mining pool and the Bitmain mining group to carry out a UAHF (User Activated Hard Fork) on August 1st 12:20 pm UTC. They rejected the agreed consensus (aka BIP-91 or SegWit2x) and have decided to fork the original Bitcoin blockchain and create this new version called “Bitcoin Cash”. Bitcoin Cash can be claimed by BTC owners who have their private keys or store their Bitcoins on a service that will split BCH for the customer. On November 15, 2020, Bitcoin Cash experienced a scheduled upgrade. Bitcoin Cash developers from various full node projects changed the Difficulty Adjustment Algorithm (DAA) to a new DAA called ‘aserti3-2d‘ (or ‘ASERT’ for short).Blockchain data provided by: Blockchair (Main Source), WhatToMine (Block Time only)”

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