Bitcoin Gold 24-Hour Volume Reaches $1.88 Thousand (BTG)

Bitcoin Gold (BTG) traded down 7.3% against the US dollar during the 1-day period ending at 9:00 AM E.T. on January 24th. Bitcoin Gold has a total market cap of $10.21 million and approximately $1.88 thousand worth of Bitcoin Gold was traded on exchanges in the last 24 hours. In the last seven days, Bitcoin Gold has traded 76.1% lower against the US dollar. One Bitcoin Gold coin can currently be bought for about $0.58 or 0.00000652 BTC on popular exchanges.

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

• Zcash (ZEC) traded 2.2% higher against the dollar and now trades at $370.89 or 0.00414925 BTC.
• Horizen (ZEN) traded down 3.2% against the dollar and now trades at $9.88 or 0.00011057 BTC.
• Pirate Chain (ARRR) traded down 2% against the dollar and now trades at $0.42 or 0.00000471 BTC.
• Komodo (KMD) traded up 39.4% against the dollar and now trades at $0.0353 or 0.00000039 BTC.
• ZClassic (ZCL) traded 14.7% lower against the dollar and now trades at $0.25 or 0.00000280 BTC.

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

Buying and Selling Bitcoin Gold

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

BTG/USD price chart by TradingView