Bitcoin Gold (BTG) Hits Market Cap of $4.09 Million

Bitcoin Gold (BTG) traded 45.5% lower against the dollar during the 1 day period ending at 11:00 AM ET on July 27th. One Bitcoin Gold coin can now be bought for $0.23 or 0.00000359 BTC on popular cryptocurrency exchanges. Bitcoin Gold has a total market cap of $4.09 million and $117.92 worth of Bitcoin Gold was traded on exchanges in the last day. During the last week, Bitcoin Gold has traded 6% lower against the dollar.

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

• Zcash (ZEC) traded down 0.6% against the dollar and now trades at $490.02 or 0.00757744 BTC.
• Horizen (ZEN) traded 1.6% lower against the dollar and now trades at $4.03 or 0.00006237 BTC.
• Pirate Chain (ARRR) traded up 3.1% against the dollar and now trades at $0.22 or 0.00000341 BTC.
• ZClassic (ZCL) traded up 4.2% against the dollar and now trades at $0.16 or 0.00000249 BTC.
• Komodo (KMD) traded 49.3% lower against the dollar and now trades at $0.0070 or 0.00000011 BTC.

About Bitcoin Gold

Bitcoin Gold (CRYPTO:BTG) is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. Its genesis date was October 25th, 2017. Bitcoin Gold’s total supply is 17,513,924 coins. 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. Bitcoin Gold’s official website is btgofficial.org. The official message board for Bitcoin Gold is forum.bitcoingold.org.

According to CryptoCompare, “BTG is a cryptocurrency with Bitcoin fundamentals, mined on common GPUs instead of specialty ASICs. This type of equipment tends to monopolize mining to a few big players, but GPU mining means anyone can mine again – restoring decentralization and independence. GPU mining rewards go to individuals worldwide, instead of mostly to ASIC warehouse owners, recreating network effects that Bitcoin used to have. Telegram, Discord, Facebook, Youtube, Reddit, Medium”

Bitcoin Gold Coin Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as Bitcoin Gold directly using U.S. dollars. Investors seeking to acquire Bitcoin Gold should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Bitcoin Gold using one of the exchanges listed above.

BTG/USD price chart by TradingView