Bitcoin Cash (BCH) Reaches 24-Hour Volume of $384.55 Million

Posted by on Apr 25th, 2024

Bitcoin Cash (BCH) traded down 4.9% against the U.S. dollar during the 24 hour period ending at 10:00 AM E.T. on April 25th. In the last seven days, Bitcoin Cash has traded 0.8% lower against the U.S. dollar. Bitcoin Cash has a market capitalization of $9.31 billion and approximately $384.55 million worth of Bitcoin Cash was traded on exchanges in the last day. One Bitcoin Cash coin can currently be purchased for about $472.52 or 0.00745856 BTC on cryptocurrency exchanges.

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

  • Bitcoin (BTC) traded 2.3% lower against the dollar and now trades at $63,353.33 or 1.00000000 BTC.
  • Arweave (AR) traded 3.8% lower against the dollar and now trades at $32.51 or 0.00051310 BTC.
  • Bitcoin SV (BSV) traded down 7.5% against the dollar and now trades at $65.88 or 0.00103996 BTC.
  • eCash (XEC) traded down 6.7% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
  • Syscoin (SYS) traded 2.1% lower against the dollar and now trades at $0.23 or 0.00000363 BTC.

Bitcoin Cash Coin Profile

BCH is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It was first traded on August 1st, 2017. Bitcoin Cash’s total supply is 19,696,956 coins. Bitcoin Cash’s official website is www.bitcoincash.org. 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. 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 Changelly, GDAX or Gemini.

BCH/USD price chart by TradingView

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