Bitcoin Cash (BCH) Trading 4.1% Lower Over Last 7 Days

Bitcoin Cash (BCH) traded 0.1% higher against the US dollar during the 24-hour period ending at 17:00 PM ET on October 27th. Bitcoin Cash has a market cap of $6.94 billion and approximately $155.68 million worth of Bitcoin Cash was traded on exchanges in the last 24 hours. In the last seven days, Bitcoin Cash has traded 4.1% lower against the US dollar. One Bitcoin Cash coin can now be bought for $350.78 or 0.00518154 BTC on popular cryptocurrency exchanges.

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

• Bitcoin (BTC) traded up 0.8% against the dollar and now trades at $67,697.14 or 1.00000000 BTC.
• Arweave (AR) traded up 0.2% against the dollar and now trades at $16.10 or 0.00023779 BTC.
• Bitcoin SV (BSV) traded up 0.9% against the dollar and now trades at $45.96 or 0.00067884 BTC.
• eCash (XEC) traded down 0.3% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 2.1% higher against the dollar and now trades at $0.0999 or 0.00000148 BTC.

About Bitcoin Cash

Bitcoin Cash is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its genesis date was August 1st, 2017. Bitcoin Cash’s total supply is 19,780,166 coins. 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. Bitcoin Cash’s official Twitter account is @bitcolncash and its Facebook page is accessible here. Bitcoin Cash’s official website 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 acquire Bitcoin Cash using U.S. dollars directly can do so using Gemini, Coinbase or Changelly.

BCH/USD price chart by TradingView