Bitcoin Cash (BCH) Price Tops $325.35

Posted by on Aug 30th, 2024

Bitcoin Cash (BCH) traded 1% higher against the U.S. dollar during the 1-day period ending at 22:00 PM ET on August 30th. Bitcoin Cash has a total market cap of $6.43 billion and $162.20 million worth of Bitcoin Cash was traded on exchanges in the last 24 hours. In the last seven days, Bitcoin Cash has traded 9.8% lower against the U.S. dollar. One Bitcoin Cash coin can currently be purchased for about $325.35 or 0.00549833 BTC on exchanges.

Here’s how other cryptocurrencies have performed in the last 24 hours:

  • Bitcoin (BTC) traded down 0.1% against the dollar and now trades at $59,172.51 or 1.00000000 BTC.
  • Arweave (AR) traded 1.9% lower against the dollar and now trades at $21.80 or 0.00036839 BTC.
  • Bitcoin SV (BSV) traded up 1.1% against the dollar and now trades at $42.65 or 0.00072073 BTC.
  • eCash (XEC) traded up 0.1% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Syscoin (SYS) traded down 1.8% against the dollar and now trades at $0.11 or 0.00000189 BTC.

Bitcoin Cash Coin Profile

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 19,754,156 coins. The official message board for Bitcoin Cash is bitcointalk.org. 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 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, Coinbase or Gemini.

BCH/USD price chart by TradingView

Receive News & Updates for Bitcoin Cash Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for Bitcoin Cash and related cryptocurrencies with MarketBeat.com's FREE CryptoBeat newsletter.