Bitcoin Cash Price Up 10.8% Over Last 7 Days (BCH)

Bitcoin Cash (BCH) traded 2.1% higher against the dollar during the twenty-four hour period ending at 14:00 PM ET on July 12th. Bitcoin Cash has a total market cap of $7.11 billion and approximately $212.39 million worth of Bitcoin Cash was traded on exchanges in the last 24 hours. One Bitcoin Cash coin can currently be bought for about $360.33 or 0.00616730 BTC on exchanges. In the last week, Bitcoin Cash has traded 10.8% higher against the dollar.

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

• Bitcoin (BTC) traded up 0.9% against the dollar and now trades at $58,452.89 or 1.00000000 BTC.
• Arweave (AR) traded down 3.4% against the dollar and now trades at $22.94 or 0.00039263 BTC.
• Bitcoin SV (BSV) traded up 0.9% against the dollar and now trades at $39.16 or 0.00067030 BTC.
• eCash (XEC) traded 1.5% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 0.3% lower against the dollar and now trades at $0.11 or 0.00000183 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 19,731,950 coins. The Reddit community for Bitcoin Cash is /r/Bitcoincash and the currency’s Github account can be viewed here. The official website for Bitcoin Cash is www.bitcoincash.org. Bitcoin Cash’s official Twitter account is @bitcolncash and its Facebook page is accessible 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 trade Bitcoin Cash using U.S. dollars directly can do so using Coinbase, GDAX or Gemini.

BCH/USD price chart by TradingView