Bitcoin Cash (BCH) Price Hits $386.35

Posted by on Jun 27th, 2024

Bitcoin Cash (BCH) traded 3.1% higher against the dollar during the 24 hour period ending at 11:00 AM E.T. on June 27th. One Bitcoin Cash coin can now be purchased for $386.35 or 0.00627213 BTC on cryptocurrency exchanges. Bitcoin Cash has a market capitalization of $7.62 billion and $243.81 million worth of Bitcoin Cash was traded on exchanges in the last 24 hours. Over the last seven days, Bitcoin Cash has traded 1% lower against the dollar.

Here’s how related cryptocurrencies have performed over the last 24 hours:

  • Bitcoin (BTC) traded 0.6% higher against the dollar and now trades at $61,597.83 or 1.00000000 BTC.
  • Arweave (AR) traded 2.5% lower against the dollar and now trades at $26.70 or 0.00043352 BTC.
  • Bitcoin SV (BSV) traded 0.8% higher against the dollar and now trades at $45.17 or 0.00073325 BTC.
  • eCash (XEC) traded 1% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Syscoin (SYS) traded 5.2% higher against the dollar and now trades at $0.13 or 0.00000208 BTC.

About Bitcoin Cash

Bitcoin Cash 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 19,725,219 coins. The official website for Bitcoin Cash is www.bitcoincash.org. 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 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 trade Bitcoin Cash using U.S. dollars directly can do so using Changelly, GDAX or Coinbase.

BCH/USD price chart by TradingView

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