Bitcoin Cash (BCH) Price Up 3.1% Over Last Week

Bitcoin Cash (BCH) traded 1.1% higher against the US dollar during the one day period ending at 0:00 AM Eastern on July 21st. One Bitcoin Cash coin can now be purchased for $400.83 or 0.00589787 BTC on popular cryptocurrency exchanges. Bitcoin Cash has a total market capitalization of $7.91 billion and approximately $253.56 million worth of Bitcoin Cash was traded on exchanges in the last 24 hours. During the last week, Bitcoin Cash has traded up 3.1% against the US dollar.

Here is how other cryptocurrencies have performed during the last 24 hours:

• Bitcoin (BTC) traded 1.2% higher against the dollar and now trades at $67,961.83 or 1.00000000 BTC.
• Arweave (AR) traded 4% lower against the dollar and now trades at $33.55 or 0.00049364 BTC.
• Bitcoin SV (BSV) traded down 1.3% against the dollar and now trades at $46.77 or 0.00068815 BTC.
• eCash (XEC) traded 1.3% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded up 1.2% against the dollar and now trades at $0.11 or 0.00000169 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 19,736,159 coins. Bitcoin Cash’s official Twitter account is @bitcolncash and its Facebook page is accessible here. The official message board for Bitcoin Cash is bitcointalk.org. Bitcoin Cash’s official website is www.bitcoincash.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.”

Bitcoin Cash Coin Trading

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

BCH/USD price chart by TradingView