Bitcoin Cash (BCH) Price Hits $354.51 on Major Exchanges

Bitcoin Cash (BCH) traded 2.5% lower against the U.S. dollar during the 24-hour period ending at 7:00 AM ET on August 25th. Bitcoin Cash has a market capitalization of $7.00 billion and $219.64 million worth of Bitcoin Cash was traded on exchanges in the last day. During the last seven days, Bitcoin Cash has traded 3.4% higher against the U.S. dollar. One Bitcoin Cash coin can now be purchased for $354.51 or 0.00554235 BTC on popular exchanges.

Here is how similar cryptocurrencies have performed during the last day:

• Bitcoin (BTC) traded down 0.3% against the dollar and now trades at $63,972.52 or 1.00000000 BTC.
• Arweave (AR) traded 3.5% lower against the dollar and now trades at $25.54 or 0.00039928 BTC.
• Bitcoin SV (BSV) traded down 3.2% against the dollar and now trades at $46.20 or 0.00072224 BTC.
• eCash (XEC) traded 4% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 5.3% lower against the dollar and now trades at $0.14 or 0.00000221 BTC.

Bitcoin Cash Coin 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 19,751,603 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. Bitcoin Cash’s official message board 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.”

Bitcoin Cash Coin Trading

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

BCH/USD price chart by TradingView