Bitcoin Gold Price Down 0.2% Over Last Week (BTG)

Bitcoin Gold (BTG) traded 6.9% lower against the U.S. dollar during the twenty-four hour period ending at 7:00 AM ET on January 25th. One Bitcoin Gold coin can now be bought for approximately $15.82 or 0.00069978 BTC on exchanges. Bitcoin Gold has a total market capitalization of $277.00 million and $12.88 million worth of Bitcoin Gold was traded on exchanges in the last day. During the last seven days, Bitcoin Gold has traded 0.2% lower against the U.S. dollar.

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

• Zcash (ZEC) traded 6.8% lower against the dollar and now trades at $44.21 or 0.00195622 BTC.
• Horizen (ZEN) traded 6.9% lower against the dollar and now trades at $9.94 or 0.00043986 BTC.
• Pirate Chain (ARRR) traded down 4.2% against the dollar and now trades at $0.42 or 0.00001861 BTC.
• Komodo (KMD) traded down 1.5% against the dollar and now trades at $0.26 or 0.00001139 BTC.
• Bitcoin Private (BTCP) traded 1.3% lower against the dollar and now trades at $0.54 or 0.00002400 BTC.
• ZClassic (ZCL) traded down 0.4% against the dollar and now trades at $0.0488 or 0.00000216 BTC.

Bitcoin Gold Coin Profile

Bitcoin Gold (CRYPTO: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 website 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 message board is forum.bitcoingold.org. Bitcoin Gold’s official Twitter account is @bitcoingold and its Facebook page is accessible here.

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.”

Bitcoin Gold Coin Trading

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