Bitcoin Cash Trading 6.4% Higher Over Last 7 Days (BCH)

Bitcoin Cash (BCH) traded 4.7% higher against the dollar during the one day period ending at 16:00 PM Eastern on June 5th. During the last seven days, Bitcoin Cash has traded 6.4% higher against the dollar. One Bitcoin Cash coin can now be purchased for $496.59 or 0.00696030 BTC on cryptocurrency exchanges. Bitcoin Cash has a market capitalization of $9.79 billion and $283.66 million worth of Bitcoin Cash was traded on exchanges in the last 24 hours.

Here’s how other cryptocurrencies have performed during the last 24 hours:

• Bitcoin (BTC) traded 1.5% higher against the dollar and now trades at $71,346.07 or 1.00000000 BTC.
• Arweave (AR) traded down 1.7% against the dollar and now trades at $44.57 or 0.00062473 BTC.
• Bitcoin SV (BSV) traded 3% higher against the dollar and now trades at $64.29 or 0.00090115 BTC.
• eCash (XEC) traded 2.8% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded down 2.1% against the dollar and now trades at $0.20 or 0.00000278 BTC.

About Bitcoin Cash

BCH is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It launched on August 1st, 2017. Bitcoin Cash’s total supply is 19,715,372 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 official message board for Bitcoin Cash is bitcointalk.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.”

Buying and Selling Bitcoin Cash

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

BCH/USD price chart by TradingView