Bitcoin Cash Market Cap Reaches $11.93 Billion (BCH)

Bitcoin Cash (BCH) traded up 1.6% against the U.S. dollar during the one day period ending at 9:00 AM E.T. on January 28th. One Bitcoin Cash coin can now be purchased for $597.10 or 0.00663160 BTC on popular cryptocurrency exchanges. In the last week, Bitcoin Cash has traded 1.9% higher against the U.S. dollar. Bitcoin Cash has a total market cap of $11.93 billion and approximately $326.46 million worth of Bitcoin Cash was traded on exchanges in the last 24 hours.

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

• Arweave (AR) traded up 2% against the dollar and now trades at $3.33 or 0.00003694 BTC.
• Bitcoin (BTC) traded up 2.8% against the dollar and now trades at $90,044.37 or 1.00000000 BTC.
• Bitcoin SV (BSV) traded up 1.3% against the dollar and now trades at $17.89 or 0.00019871 BTC.
• eCash (XEC) traded 2.1% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 0.8% higher against the dollar and now trades at $0.0185 or 0.00000021 BTC.

Bitcoin Cash Coin Profile

Bitcoin Cash 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 19,986,941 coins. The official website for Bitcoin Cash 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. 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.”

Bitcoin Cash Coin Trading

Investors seeking to acquire Bitcoin Cash using U.S. dollars directly can do so using GDAX, Changelly or Coinbase.

BCH/USD price chart by TradingView