Bitcoin Cash Trading 10.5% Higher This Week (BCH)

Bitcoin Cash (BCH) traded up 1.5% against the U.S. dollar during the 24 hour period ending at 20:00 PM ET on July 13th. Over the last week, Bitcoin Cash has traded up 10.5% against the U.S. dollar. One Bitcoin Cash coin can currently be purchased for $376.42 or 0.00631965 BTC on popular cryptocurrency exchanges. Bitcoin Cash has a market capitalization of $7.43 billion and $258.65 million worth of Bitcoin Cash was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed over the last day:

• Bitcoin (BTC) traded 2.9% higher against the dollar and now trades at $59,562.79 or 1.00000000 BTC.
• Arweave (AR) traded up 3.7% against the dollar and now trades at $24.78 or 0.00041604 BTC.
• Bitcoin SV (BSV) traded 1.5% higher against the dollar and now trades at $39.85 or 0.00066911 BTC.
• eCash (XEC) traded up 2.7% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 1.8% higher against the dollar and now trades at $0.11 or 0.00000184 BTC.

About Bitcoin Cash

Bitcoin Cash (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 19,732,534 coins. Bitcoin Cash’s official Twitter account is @bitcolncash and its Facebook page is accessible here. Bitcoin Cash’s official website is www.bitcoincash.org. The official message board for Bitcoin Cash is bitcointalk.org. The Reddit community for Bitcoin Cash is /r/Bitcoincash and the currency’s Github account can be viewed 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 GDAX, Gemini or Coinbase.

BCH/USD price chart by TradingView