Bitcoin Cash Trading Down 23.9% Over Last 7 Days (BCH)

Bitcoin Cash (BCH) traded 5.4% lower against the U.S. dollar during the 24-hour period ending at 9:00 AM E.T. on April 17th. One Bitcoin Cash coin can now be purchased for approximately $460.07 or 0.00740180 BTC on popular exchanges. Bitcoin Cash has a market cap of $9.06 billion and approximately $518.38 million worth of Bitcoin Cash was traded on exchanges in the last day. In the last seven days, Bitcoin Cash has traded 23.9% lower against the U.S. dollar.

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

• Bitcoin (BTC) traded 0.8% lower against the dollar and now trades at $62,156.04 or 1.00000000 BTC.
• Arweave (AR) traded 5.7% lower against the dollar and now trades at $23.80 or 0.00038286 BTC.
• Bitcoin SV (BSV) traded down 3% against the dollar and now trades at $64.67 or 0.00104051 BTC.
• eCash (XEC) traded 4.5% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded down 6.4% against the dollar and now trades at $0.21 or 0.00000344 BTC.

Bitcoin Cash Profile

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 19,692,547 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. Bitcoin Cash’s official website is www.bitcoincash.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.”

Buying and Selling Bitcoin Cash

Investors seeking to trade Bitcoin Cash using U.S. dollars directly can do so using Coinbase, Gemini or GDAX.

BCH/USD price chart by TradingView