Bitcoin Gold Price Down 24.3% This Week (BTG)

Bitcoin Gold (BTG) traded down 26.6% against the U.S. dollar during the 24 hour period ending at 11:00 AM Eastern on July 23rd. Over the last week, Bitcoin Gold has traded 24.3% lower against the U.S. dollar. Bitcoin Gold has a market cap of $3.85 million and $22.01 worth of Bitcoin Gold was traded on exchanges in the last 24 hours. One Bitcoin Gold coin can now be bought for approximately $0.22 or 0.00000339 BTC on major cryptocurrency exchanges.

Here is how other cryptocurrencies have performed over the last 24 hours:

• Zcash (ZEC) traded 0.4% lower against the dollar and now trades at $513.87 or 0.00792461 BTC.
• Horizen (ZEN) traded 2.1% lower against the dollar and now trades at $4.09 or 0.00006315 BTC.
• Pirate Chain (ARRR) traded 2.4% lower against the dollar and now trades at $0.22 or 0.00000336 BTC.
• ZClassic (ZCL) traded up 8.9% against the dollar and now trades at $0.16 or 0.00000254 BTC.
• Komodo (KMD) traded down 3.9% against the dollar and now trades at $0.0079 or 0.00000012 BTC.

Bitcoin Gold Profile

Bitcoin Gold (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 btgofficial.org. Bitcoin Gold’s official Twitter account is @bitcoingold and its Facebook page is accessible here. Bitcoin Gold’s official message board is forum.bitcoingold.org. The Reddit community for Bitcoin Gold is https://reddit.com/r/bitcoingoldhq and the currency’s Github account can be viewed 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. Telegram, Discord, Facebook, Youtube, Reddit, Medium”

Buying and Selling Bitcoin Gold

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 Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Bitcoin Gold using one of the aforementioned exchanges.

BTG/USD price chart by TradingView