Bitcoin Cash Tops 24 Hour Volume of $746.99 Million (BCH)

Bitcoin Cash (BCH) traded down 3.8% against the dollar during the 1-day period ending at 9:00 AM Eastern on January 12th. During the last week, Bitcoin Cash has traded down 3.8% against the dollar. One Bitcoin Cash coin can currently be purchased for approximately $625.41 or 0.00690514 BTC on major cryptocurrency exchanges. Bitcoin Cash has a total market capitalization of $12.50 billion and $746.99 million worth of Bitcoin Cash was traded on exchanges in the last day.

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

• Arweave (AR) traded 3.5% lower against the dollar and now trades at $3.64 or 0.00004020 BTC.
• Bitcoin (BTC) traded down 0.5% against the dollar and now trades at $90,571.13 or 1.00000000 BTC.
• Bitcoin SV (BSV) traded 1% lower against the dollar and now trades at $19.18 or 0.00021181 BTC.
• eCash (XEC) traded 3% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 4.8% lower against the dollar and now trades at $0.0187 or 0.00000021 BTC.

About Bitcoin Cash

Bitcoin Cash is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It was first traded on August 1st, 2017. Bitcoin Cash’s total supply is 19,979,844 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 website for Bitcoin Cash is www.bitcoincash.org. Bitcoin Cash’s official message board is bitcointalk.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.”

Buying and Selling Bitcoin Cash

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

BCH/USD price chart by TradingView