Bitcoin Cash Price Hits $562.62 on Exchanges (BCH)

Bitcoin Cash (BCH) traded 0.6% higher against the US dollar during the 24 hour period ending at 9:00 AM E.T. on February 17th. One Bitcoin Cash coin can currently be bought for about $562.62 or 0.00825742 BTC on exchanges. Bitcoin Cash has a total market cap of $11.25 billion and approximately $365.74 million worth of Bitcoin Cash was traded on exchanges in the last day. In the last seven days, Bitcoin Cash has traded up 7.9% against the US dollar.

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

• Arweave (AR) traded up 0.5% against the dollar and now trades at $2.02 or 0.00002967 BTC.
• Bitcoin (BTC) traded down 0.4% against the dollar and now trades at $68,134.73 or 1.00000000 BTC.
• Bitcoin SV (BSV) traded down 1.4% against the dollar and now trades at $16.80 or 0.00024655 BTC.
• eCash (XEC) traded 0.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded down 0.6% against the dollar and now trades at $0.0136 or 0.00000020 BTC.

Bitcoin Cash Profile

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 19,996,062 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 acquire Bitcoin Cash using U.S. dollars directly can do so using Changelly, Coinbase or GDAX.

BCH/USD price chart by TradingView