Bitcoin Cash Price Down 11.4% Over Last Week (BCH)

Bitcoin Cash (BCH) traded 5.4% higher against the U.S. dollar during the twenty-four hour period ending at 14:00 PM Eastern on July 6th. One Bitcoin Cash coin can currently be purchased for approximately $339.62 or 0.00586823 BTC on major cryptocurrency exchanges. In the last seven days, Bitcoin Cash has traded 11.4% lower against the U.S. dollar. Bitcoin Cash has a market capitalization of $6.70 billion and approximately $234.62 million worth of Bitcoin Cash was traded on exchanges in the last 24 hours.

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

• Bitcoin (BTC) traded up 2.2% against the dollar and now trades at $57,874.52 or 1.00000000 BTC.
• Arweave (AR) traded 6% higher against the dollar and now trades at $23.54 or 0.00040674 BTC.
• Bitcoin SV (BSV) traded 6.1% higher against the dollar and now trades at $37.37 or 0.00064569 BTC.
• eCash (XEC) traded up 10.1% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 5.1% higher against the dollar and now trades at $0.10 or 0.00000176 BTC.

Bitcoin Cash Coin Profile

Bitcoin Cash (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 19,729,203 coins. Bitcoin Cash’s official website is www.bitcoincash.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. 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 acquire Bitcoin Cash using US dollars directly can do so using Coinbase, GDAX or Changelly.

BCH/USD price chart by TradingView