Bitcoin Cash (BCH) Trading Down 9.9% This Week

Bitcoin Cash (BCH) traded down 2.7% against the dollar during the 24 hour period ending at 21:00 PM E.T. on November 4th. Bitcoin Cash has a market cap of $6.52 billion and $261.57 million worth of Bitcoin Cash was traded on exchanges in the last day. During the last seven days, Bitcoin Cash has traded down 9.9% against the dollar. One Bitcoin Cash coin can now be bought for about $329.59 or 0.00484922 BTC on exchanges.

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

• Bitcoin (BTC) traded down 1.3% against the dollar and now trades at $67,954.40 or 1.00000000 BTC.
• Bitcoin SV (BSV) traded 4.7% lower against the dollar and now trades at $45.54 or 0.00067001 BTC.
• Arweave (AR) traded 5.7% lower against the dollar and now trades at $13.13 or 0.00019317 BTC.
• eCash (XEC) traded down 2.9% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 2.2% lower against the dollar and now trades at $0.0848 or 0.00000125 BTC.

Bitcoin Cash Coin Profile

BCH 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 19,783,869 coins. 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. Bitcoin Cash’s official Twitter account is @bitcolncash and its Facebook page is accessible 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.”

Buying and Selling Bitcoin Cash

Investors seeking to acquire Bitcoin Cash using U.S. dollars directly can do so using Coinbase, Changelly or GDAX.

BCH/USD price chart by TradingView