Bitcoin Cash (BCH) Trading 11.4% Lower This Week

Bitcoin Cash (BCH) traded down 1.3% against the US dollar during the one day period ending at 7:00 AM ET on September 26th. Bitcoin Cash has a total market cap of $10.78 billion and $561.96 million worth of Bitcoin Cash was traded on exchanges in the last 24 hours. During the last week, Bitcoin Cash has traded down 11.4% against the US dollar. One Bitcoin Cash coin can currently be purchased for about $540.68 or 0.00496389 BTC on cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed during the last 24 hours:

• Arweave (AR) traded down 3.3% against the dollar and now trades at $5.57 or 0.00005114 BTC.
• Bitcoin (BTC) traded down 2.3% against the dollar and now trades at $108,965.27 or 1.00000000 BTC.
• Bitcoin SV (BSV) traded 3.6% lower against the dollar and now trades at $22.96 or 0.00021075 BTC.
• eCash (XEC) traded down 2.3% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 3.9% lower against the dollar and now trades at $0.0334 or 0.00000031 BTC.

Bitcoin Cash Profile

Bitcoin Cash (BCH) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It launched on August 1st, 2017. Bitcoin Cash’s total supply is 19,930,722 coins. The official message board for Bitcoin Cash is bitcointalk.org. The Reddit community for Bitcoin Cash is /r/Bitcoincash and the currency’s Github account can be viewed here. Bitcoin Cash’s official Twitter account is @bitcolncash and its Facebook page is accessible here. The official website for Bitcoin Cash is www.bitcoincash.org.

According to CryptoCompare, “Bitcoin Cash (BCH) is a hard forked version of the original Bitcoin. It is similar to bitcoin with regards to its protocol; Proof of Work SHA-256 hashing, 21,000,000 supply, same block times and reward system. However two main differences are the the blocksize limits, as of August 2017 Bitcoin has a 1MB blocksize limit whereas BCH proposes 8MB blocks. Bitcoin Cash is a proposal from the viaBTC mining pool and the Bitmain mining group to carry out a UAHF (User Activated Hard Fork) on August 1st 12:20 pm UTC. They rejected the agreed consensus (aka BIP-91 or SegWit2x) and have decided to fork the original Bitcoin blockchain and create this new version called “Bitcoin Cash”. Bitcoin Cash can be claimed by BTC owners who have their private keys or store their Bitcoins on a service that will split BCH for the customer. On November 15, 2020, Bitcoin Cash experienced a scheduled upgrade. Bitcoin Cash developers from various full node projects changed the Difficulty Adjustment Algorithm (DAA) to a new DAA called ‘aserti3-2d‘ (or ‘ASERT’ for short).Blockchain data provided by: Blockchair (Main Source), WhatToMine (Block Time only)”

Bitcoin Cash Coin Trading

Investors seeking to acquire Bitcoin Cash using US dollars directly can do so using Changelly, Coinbase or GDAX.

BCH/USD price chart by TradingView