Bitcoin Cash (BCH) Price Tops $333.64 on Major Exchanges

Posted by on Aug 18th, 2024

Bitcoin Cash (BCH) traded down 2.6% against the U.S. dollar during the 1 day period ending at 20:00 PM ET on August 18th. Over the last week, Bitcoin Cash has traded up 0.5% against the U.S. dollar. Bitcoin Cash has a total market capitalization of $6.59 billion and approximately $166.83 million worth of Bitcoin Cash was traded on exchanges in the last day. One Bitcoin Cash coin can currently be bought for about $333.64 or 0.00568592 BTC on exchanges.

Here’s how similar cryptocurrencies have performed over the last day:

  • Bitcoin (BTC) traded 1.7% lower against the dollar and now trades at $58,677.82 or 1.00000000 BTC.
  • Arweave (AR) traded down 2.8% against the dollar and now trades at $20.99 or 0.00035770 BTC.
  • Bitcoin SV (BSV) traded 1.7% lower against the dollar and now trades at $42.26 or 0.00072026 BTC.
  • eCash (XEC) traded 1.9% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Syscoin (SYS) traded up 25.4% against the dollar and now trades at $0.10 or 0.00000171 BTC.

Bitcoin Cash Profile

Bitcoin Cash 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 19,748,781 coins. 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. The official website for Bitcoin Cash is www.bitcoincash.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.”

Bitcoin Cash Coin Trading

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

BCH/USD price chart by TradingView

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