Bitcoin Gold Trading 32.6% Higher Over Last Week (BTG)

Bitcoin Gold (BTG) traded up 10% against the U.S. dollar during the 24-hour period ending at 9:00 AM Eastern on February 9th. Bitcoin Gold has a market cap of $14.43 million and approximately $1.30 thousand worth of Bitcoin Gold was traded on exchanges in the last 24 hours. In the last week, Bitcoin Gold has traded 32.6% higher against the U.S. dollar. One Bitcoin Gold coin can now be bought for about $0.82 or 0.00001200 BTC on cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• Zcash (ZEC) traded down 5.6% against the dollar and now trades at $230.96 or 0.00336306 BTC.
• Horizen (ZEN) traded 5% lower against the dollar and now trades at $5.81 or 0.00008464 BTC.
• Pirate Chain (ARRR) traded 1.7% lower against the dollar and now trades at $0.27 or 0.00000387 BTC.
• ZClassic (ZCL) traded down 1.9% against the dollar and now trades at $0.40 or 0.00000580 BTC.
• Komodo (KMD) traded 0.4% lower against the dollar and now trades at $0.0236 or 0.00000034 BTC.

Bitcoin Gold Profile

Bitcoin Gold (BTG) is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. Its genesis date was October 25th, 2017. Bitcoin Gold’s total supply is 17,513,924 coins. The Reddit community for Bitcoin Gold is https://reddit.com/r/bitcoingoldhq and the currency’s Github account can be viewed here. Bitcoin Gold’s official website is btgofficial.org. Bitcoin Gold’s official Twitter account is @bitcoingold and its Facebook page is accessible here. Bitcoin Gold’s official message board is forum.bitcoingold.org.

According to CryptoCompare, “BTG is a cryptocurrency with Bitcoin fundamentals, mined on common GPUs instead of specialty ASICs. This type of equipment tends to monopolize mining to a few big players, but GPU mining means anyone can mine again – restoring decentralization and independence. GPU mining rewards go to individuals worldwide, instead of mostly to ASIC warehouse owners, recreating network effects that Bitcoin used to have.”

Bitcoin Gold Coin Trading

It is usually not presently possible to buy alternative cryptocurrencies such as Bitcoin Gold directly using US dollars. Investors seeking to acquire Bitcoin Gold should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Bitcoin Gold using one of the aforementioned exchanges.

BTG/USD price chart by TradingView