Bitcoin Cash (BCH) Reaches Market Capitalization of $11.22 Billion

Bitcoin Cash (BCH) traded up 6.2% against the US dollar during the twenty-four hour period ending at 21:00 PM ET on March 28th. One Bitcoin Cash coin can now be purchased for $570.32 or 0.00804629 BTC on exchanges. In the last week, Bitcoin Cash has traded 37.9% higher against the US dollar. Bitcoin Cash has a total market capitalization of $11.22 billion and $1.15 billion worth of Bitcoin Cash was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed in the last day:

• Bitcoin (BTC) traded 2.1% higher against the dollar and now trades at $70,886.94 or 1.00000000 BTC.
• Arweave (AR) traded 3.6% lower against the dollar and now trades at $42.03 or 0.00059294 BTC.
• Bitcoin SV (BSV) traded up 4.7% against the dollar and now trades at $94.35 or 0.00133114 BTC.
• eCash (XEC) traded 6.6% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Syscoin (SYS) traded 8.9% higher against the dollar and now trades at $0.29 or 0.00000406 BTC.

Bitcoin Cash Coin Profile

Bitcoin Cash (CRYPTO:BCH) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its launch date was August 1st, 2017. Bitcoin Cash’s total supply is 19,682,019 coins. Bitcoin Cash’s official message board is bitcointalk.org. Bitcoin Cash’s official Twitter account is @bitcolncash and its Facebook page is accessible here. The official website for Bitcoin Cash 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 acquire Bitcoin Cash using US dollars directly can do so using GDAX, Coinbase or Changelly.

BCH/USD price chart by TradingView