Bitcoin Cash (BCH) Price Up 3.3% This Week

Bitcoin Cash (BCH) traded 0.7% lower against the dollar during the 24-hour period ending at 9:00 AM Eastern on September 29th. Bitcoin Cash has a total market capitalization of $6.28 billion and approximately $237.75 million worth of Bitcoin Cash was traded on exchanges in the last 24 hours. One Bitcoin Cash coin can currently be bought for $312.45 or 0.00370451 BTC on cryptocurrency exchanges. In the last seven days, Bitcoin Cash has traded 3.3% higher against the dollar.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• Arweave (AR) traded 1.9% lower against the dollar and now trades at $4.30 or 0.00005097 BTC.
• Bitcoin (BTC) traded 0.9% higher against the dollar and now trades at $84,342.46 or 1.00000000 BTC.
• Bitcoin SV (BSV) traded 1.8% higher against the dollar and now trades at $20.71 or 0.00024549 BTC.
• eCash (XEC) traded 1.9% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 1.8% lower against the dollar and now trades at $0.0027 or 0.00000003 BTC.

About Bitcoin Cash

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 20,095,953 coins. The Reddit community for Bitcoin Cash is /r/Bitcoincash and the currency’s Github account can be viewed here. 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 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.”

Buying and Selling Bitcoin Cash

Investors seeking to trade Bitcoin Cash using US dollars directly can do so using Coinbase, GDAX or Changelly.

BCH/USD price chart by TradingView