Bitcoin Gold (BTG) Hits Market Capitalization of $218.45 Million

Bitcoin Gold (BTG) traded up 0.5% against the US dollar during the 24 hour period ending at 22:00 PM E.T. on May 26th. Bitcoin Gold has a total market capitalization of $218.45 million and $947,125.17 worth of Bitcoin Gold was traded on exchanges in the last 24 hours. Over the last seven days, Bitcoin Gold has traded down 2.7% against the US dollar. One Bitcoin Gold coin can currently be bought for $12.47 or 0.00046706 BTC on popular cryptocurrency exchanges.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• Zcash (ZEC) traded up 4.4% against the dollar and now trades at $32.50 or 0.00121699 BTC.
• Horizen (ZEN) traded 1.9% higher against the dollar and now trades at $8.38 or 0.00031395 BTC.
• Pirate Chain (ARRR) traded up 0.2% against the dollar and now trades at $0.26 or 0.00000983 BTC.
• Komodo (KMD) traded 3.7% higher against the dollar and now trades at $0.29 or 0.00001084 BTC.
• Bitcoin Private (BTCP) traded 1.1% higher against the dollar and now trades at $0.23 or 0.00000862 BTC.
• ZClassic (ZCL) traded down 20.6% against the dollar and now trades at $0.0390 or 0.00000146 BTC.

About Bitcoin Gold

Bitcoin Gold (BTG) is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. Its launch date was October 25th, 2017. Bitcoin Gold’s total supply is 17,513,924 coins. Bitcoin Gold’s official message board is forum.bitcoingold.org. The Reddit community for Bitcoin Gold is https://reddit.com/r/bitcoingoldhq and the currency’s Github account can be viewed here. Bitcoin Gold’s official Twitter account is @bitcoingold and its Facebook page is accessible here. Bitcoin Gold’s official website is bitcoingold.org.

According to CryptoCompare, “Bitcoin Gold (BTG) is a digital currency that aims to decentralize the process of Bitcoin mining by utilizing GPU hardware, making it more accessible to a wider range of users. BTG is based on the original Bitcoin blockchain but incorporates a different mining algorithm, Equihash, to promote decentralization and prevent the concentration of mining power. BTG was created in 2017 as a fork of Bitcoin, and it maintains similar features such as a limited supply cap of 21 million coins. BTG can be used for peer-to-peer transactions, as well as for mining on GPU hardware to earn rewards for securing the network. BTG aims to provide a more decentralized and democratic approach to mining, empowering individual miners and promoting wider participation in the mining process.”

Buying and Selling Bitcoin Gold

It is usually not possible to buy alternative cryptocurrencies such as Bitcoin Gold directly using U.S. dollars. Investors seeking to trade Bitcoin Gold should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Bitcoin Gold using one of the exchanges listed above.

BTG/USD price chart by TradingView