Bitcoin Cash (BCH) Tops One Day Trading Volume of $298.95 Million

Bitcoin Cash (BCH) traded 4.3% lower against the U.S. dollar during the 1 day period ending at 23:00 PM E.T. on July 31st. Bitcoin Cash has a total market capitalization of $8.21 billion and $298.95 million worth of Bitcoin Cash was traded on exchanges in the last day. Over the last week, Bitcoin Cash has traded up 18.4% against the U.S. dollar. One Bitcoin Cash coin can currently be purchased for about $415.85 or 0.00650202 BTC on popular exchanges.

Here is how other cryptocurrencies have performed over the last day:

• Bitcoin (BTC) traded down 3.2% against the dollar and now trades at $63,956.51 or 1.00000000 BTC.
• Arweave (AR) traded down 2.1% against the dollar and now trades at $29.25 or 0.00045730 BTC.
• Bitcoin SV (BSV) traded down 2.8% against the dollar and now trades at $49.64 or 0.00077613 BTC.
• eCash (XEC) traded 1.7% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 0.6% lower against the dollar and now trades at $0.0949 or 0.00000148 BTC.

Bitcoin Cash Profile

Bitcoin Cash (CRYPTO:BCH) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It launched on August 1st, 2017. Bitcoin Cash’s total supply is 19,740,906 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 US dollars directly can do so using Changelly, GDAX or Gemini.

BCH/USD price chart by TradingView