Bitcoin Cash Trading Down 5.3% Over Last Week (BCH)

Bitcoin Cash (BCH) traded 1.7% lower against the U.S. dollar during the 1 day period ending at 22:00 PM Eastern on April 28th. One Bitcoin Cash coin can now be bought for about $471.02 or 0.00746664 BTC on popular exchanges. Bitcoin Cash has a market capitalization of $9.28 billion and approximately $238.53 million worth of Bitcoin Cash was traded on exchanges in the last 24 hours. In the last week, Bitcoin Cash has traded down 5.3% against the U.S. dollar.

Here is how related cryptocurrencies have performed in the last 24 hours:

• Bitcoin (BTC) traded down 1% against the dollar and now trades at $62,970.34 or 1.00000000 BTC.
• Arweave (AR) traded up 7% against the dollar and now trades at $36.43 or 0.00057751 BTC.
• Bitcoin SV (BSV) traded 1.6% lower against the dollar and now trades at $66.10 or 0.00104787 BTC.
• eCash (XEC) traded 3.5% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Syscoin (SYS) traded down 3.2% against the dollar and now trades at $0.22 or 0.00000342 BTC.

Bitcoin Cash Profile

Bitcoin Cash (CRYPTO:BCH) 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 19,698,622 coins. The Reddit community for Bitcoin Cash is /r/Bitcoincash and the currency’s Github account can be viewed here. Bitcoin Cash’s official message board 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 trade Bitcoin Cash using US dollars directly can do so using Gemini, Coinbase or GDAX.

BCH/USD price chart by TradingView