Bitcoin Cash (BCH) Price Up 20.1% Over Last 7 Days

Bitcoin Cash (BCH) traded 0.6% higher against the US dollar during the 1 day period ending at 10:00 AM Eastern on July 7th. In the last seven days, Bitcoin Cash has traded up 20.1% against the US dollar. Bitcoin Cash has a market capitalization of $4.77 billion and approximately $149.98 million worth of Bitcoin Cash was traded on exchanges in the last day. One Bitcoin Cash coin can now be purchased for $237.67 or 0.00377439 BTC on popular cryptocurrency exchanges.

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

• Arweave (AR) traded 0.5% lower against the dollar and now trades at $1.98 or 0.00003139 BTC.
• Bitcoin (BTC) traded up 1.9% against the dollar and now trades at $62,970.33 or 1.00000000 BTC.
• Bitcoin SV (BSV) traded down 4.4% against the dollar and now trades at $14.02 or 0.00022268 BTC.
• eCash (XEC) traded 0.5% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded down 11.1% against the dollar and now trades at $0.0022 or 0.00000004 BTC.

Bitcoin Cash Profile

Bitcoin Cash (BCH) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its genesis date was August 1st, 2017. Bitcoin Cash’s total supply is 20,058,188 coins. Bitcoin Cash’s official Twitter account is @bitcolncash and its Facebook page is accessible here. Bitcoin Cash’s official website is www.bitcoincash.org. The Reddit community for Bitcoin Cash is /r/Bitcoincash and the currency’s Github account can be viewed here. The official message board for Bitcoin Cash is bitcointalk.org.

According to CryptoCompare, “Bitcoin Cash (BCH) is a hard forked version of the original Bitcoin. It is similar to bitcoin with regards to its protocol; Proof of Work SHA-256 hashing, 21,000,000 supply, same block times and reward system. However two main differences are the the blocksize limits, as of August 2017 Bitcoin has a 1MB blocksize limit whereas BCH proposes 8MB blocks. Bitcoin Cash is a proposal from the viaBTC mining pool and the Bitmain mining group to carry out a UAHF (User Activated Hard Fork) on August 1st 12:20 pm UTC. They rejected the agreed consensus (aka BIP-91 or SegWit2x) and have decided to fork the original Bitcoin blockchain and create this new version called “Bitcoin Cash”. Bitcoin Cash can be claimed by BTC owners who have their private keys or store their Bitcoins on a service that will split BCH for the customer. On November 15, 2020, Bitcoin Cash experienced a scheduled upgrade. Bitcoin Cash developers from various full node projects changed the Difficulty Adjustment Algorithm (DAA) to a new DAA called ‘aserti3-2d‘ (or ‘ASERT’ for short). Blockchain data provided by: Blockchair (Main Source), WhatToMine (Block Time only)Facebook, BitcoinTalk, GitHub, GitLab, Reddit”

Buying and Selling Bitcoin Cash

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

BCH/USD price chart by TradingView