Bitcoin Cash Trading 4.4% Lower Over Last 7 Days (BCH)

Bitcoin Cash (BCH) traded 2.6% higher against the U.S. dollar during the twenty-four hour period ending at 9:00 AM ET on April 6th. One Bitcoin Cash coin can now be purchased for $437.80 or 0.00630312 BTC on cryptocurrency exchanges. Bitcoin Cash has a market cap of $8.76 billion and $243.39 million worth of Bitcoin Cash was traded on exchanges in the last day. During the last seven days, Bitcoin Cash has traded down 4.4% against the U.S. dollar.

Here’s how other cryptocurrencies have performed during the last day:

• Arweave (AR) traded up 4.9% against the dollar and now trades at $1.70 or 0.00002446 BTC.
• Bitcoin (BTC) traded up 3.5% against the dollar and now trades at $69,458.24 or 1.00000000 BTC.
• Bitcoin SV (BSV) traded down 0.9% against the dollar and now trades at $15.82 or 0.00022774 BTC.
• eCash (XEC) traded up 3.1% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded up 17.6% against the dollar and now trades at $0.0115 or 0.00000017 BTC.

Bitcoin Cash Coin Profile

Bitcoin Cash (BCH) 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 20,017,478 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. The official website for Bitcoin Cash is www.bitcoincash.org.

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)Facebook, BitcoinTalk, GitHub, GitLab, Reddit”

Buying and Selling Bitcoin Cash

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

BCH/USD price chart by TradingView