Bitcoin Cash Price Reaches $568.01 (BCH)

Bitcoin Cash (BCH) traded 5.3% higher against the dollar during the one day period ending at 13:00 PM E.T. on March 28th. Bitcoin Cash has a total market cap of $11.18 billion and $1.30 billion worth of Bitcoin Cash was traded on exchanges in the last 24 hours. One Bitcoin Cash coin can currently be purchased for about $568.01 or 0.00802888 BTC on major cryptocurrency exchanges. Over the last week, Bitcoin Cash has traded up 34.5% against the dollar.

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

• Bitcoin (BTC) traded 3.1% higher against the dollar and now trades at $70,745.50 or 1.00000000 BTC.
• Arweave (AR) traded up 0.7% against the dollar and now trades at $41.78 or 0.00059050 BTC.
• Bitcoin SV (BSV) traded 3.7% higher against the dollar and now trades at $93.27 or 0.00131836 BTC.
• eCash (XEC) traded 2.9% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Syscoin (SYS) traded 6% higher against the dollar and now trades at $0.28 or 0.00000399 BTC.

Bitcoin Cash Coin Profile

Bitcoin Cash 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 19,681,706 coins. The Reddit community for Bitcoin Cash is /r/Bitcoincash and the currency’s Github account can be viewed here. Bitcoin Cash’s official website is www.bitcoincash.org. Bitcoin Cash’s official Twitter account is @bitcolncash and its Facebook page is accessible here. The official message board for Bitcoin Cash is bitcointalk.org.

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 trade Bitcoin Cash using US dollars directly can do so using Gemini, GDAX or Coinbase.

BCH/USD price chart by TradingView