Bitcoin Gold Price Up 3.1% Over Last Week (BTG)

Bitcoin Gold (BTG) traded 0.6% higher against the U.S. dollar during the twenty-four hour period ending at 12:00 PM ET on June 28th. Bitcoin Gold has a total market capitalization of $445.55 million and $2.94 million worth of Bitcoin Gold was traded on exchanges in the last day. During the last seven days, Bitcoin Gold has traded 3.1% higher against the U.S. dollar. One Bitcoin Gold coin can now be bought for approximately $25.44 or 0.00041860 BTC on exchanges.

Here’s how related cryptocurrencies have performed during the last day:

• Zcash (ZEC) traded 0.6% higher against the dollar and now trades at $20.83 or 0.00034282 BTC.
• Horizen (ZEN) traded 1.4% higher against the dollar and now trades at $6.70 or 0.00011031 BTC.
• Komodo (KMD) traded down 4.6% against the dollar and now trades at $0.33 or 0.00000546 BTC.
• Pirate Chain (ARRR) traded down 6.9% against the dollar and now trades at $0.18 or 0.00000290 BTC.
• ZClassic (ZCL) traded 1.3% lower against the dollar and now trades at $0.0492 or 0.00000081 BTC.

Bitcoin Gold Profile

BTG is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. Its launch date was October 25th, 2017. Bitcoin Gold’s total supply is 17,513,924 coins. Bitcoin Gold’s official message board is forum.bitcoingold.org. Bitcoin Gold’s official Twitter account is @bitcoingold and its Facebook page is accessible here. The Reddit community for Bitcoin Gold is https://reddit.com/r/bitcoingoldhq and the currency’s Github account can be viewed here. Bitcoin Gold’s official website is bitcoingold.org.

According to CryptoCompare, “Bitcoin Gold (BTG) is a digital currency that aims to decentralize the process of Bitcoin mining by utilizing GPU hardware, making it more accessible to a wider range of users. BTG is based on the original Bitcoin blockchain but incorporates a different mining algorithm, Equihash, to promote decentralization and prevent the concentration of mining power. BTG was created in 2017 as a fork of Bitcoin, and it maintains similar features such as a limited supply cap of 21 million coins. BTG can be used for peer-to-peer transactions, as well as for mining on GPU hardware to earn rewards for securing the network. BTG aims to provide a more decentralized and democratic approach to mining, empowering individual miners and promoting wider participation in the mining process.”

Bitcoin Gold Coin Trading

It is usually not possible to purchase alternative cryptocurrencies such as Bitcoin Gold directly using U.S. dollars. Investors seeking to trade Bitcoin Gold should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Bitcoin Gold using one of the aforementioned exchanges.

BTG/USD price chart by TradingView