Bitcoin Gold (BTG) Trading Down 29.4% Over Last 7 Days

Bitcoin Gold (BTG) traded 20.9% lower against the U.S. dollar during the 1-day period ending at 10:00 AM Eastern on December 24th. One Bitcoin Gold coin can currently be bought for approximately $13.37 or 0.00013725 BTC on major cryptocurrency exchanges. Bitcoin Gold has a total market capitalization of $234.18 million and $209.60 million worth of Bitcoin Gold was traded on exchanges in the last 24 hours. During the last seven days, Bitcoin Gold has traded 29.4% lower against the U.S. dollar.

Here is how other cryptocurrencies have performed during the last 24 hours:

• Zcash (ZEC) traded up 15.5% against the dollar and now trades at $69.87 or 0.00071717 BTC.
• Horizen (ZEN) traded up 19.7% against the dollar and now trades at $37.16 or 0.00038150 BTC.
• Komodo (KMD) traded up 9.7% against the dollar and now trades at $0.33 or 0.00000342 BTC.
• Pirate Chain (ARRR) traded 6.2% lower against the dollar and now trades at $0.20 or 0.00000205 BTC.
• ZClassic (ZCL) traded up 3.4% against the dollar and now trades at $0.0390 or 0.00000040 BTC.

Bitcoin Gold Profile

Bitcoin Gold (BTG) is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. It was first traded on October 25th, 2017. Bitcoin Gold’s total supply is 17,513,924 coins. Bitcoin Gold’s official message board is forum.bitcoingold.org. The official website for Bitcoin Gold is bitcoingold.org. The Reddit community for Bitcoin Gold is https://reddit.com/r/bitcoingoldhq and the currency’s Github account can be viewed here. Bitcoin Gold’s official Twitter account is @bitcoingold and its Facebook page is accessible here.

According to CryptoCompare, “Bitcoin Gold (BTG) is a digital currency that aims to decentralize the process of Bitcoin mining by utilizing GPU hardware, making it more accessible to a wider range of users. BTG is based on the original Bitcoin blockchain but incorporates a different mining algorithm, Equihash, to promote decentralization and prevent the concentration of mining power. BTG was created in 2017 as a fork of Bitcoin, and it maintains similar features such as a limited supply cap of 21 million coins. BTG can be used for peer-to-peer transactions, as well as for mining on GPU hardware to earn rewards for securing the network. BTG aims to provide a more decentralized and democratic approach to mining, empowering individual miners and promoting wider participation in the mining process.”

Bitcoin Gold Coin Trading

It is usually not currently possible to buy alternative cryptocurrencies such as Bitcoin Gold directly using US dollars. Investors seeking to trade Bitcoin Gold should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Bitcoin Gold using one of the aforementioned exchanges.

BTG/USD price chart by TradingView