Bitcoin Cash (BCH) Hits 24-Hour Volume of $222.15 Million

Bitcoin Cash (BCH) traded up 2.5% against the U.S. dollar during the twenty-four hour period ending at 21:00 PM Eastern on May 5th. One Bitcoin Cash coin can now be purchased for approximately $471.74 or 0.00732305 BTC on popular cryptocurrency exchanges. Bitcoin Cash has a total market cap of $9.29 billion and approximately $222.15 million worth of Bitcoin Cash was traded on exchanges in the last day. In the last seven days, Bitcoin Cash has traded down 0.3% against the U.S. dollar.

Here is how similar cryptocurrencies have performed in the last day:

• Bitcoin (BTC) traded 1.7% higher against the dollar and now trades at $64,428.50 or 1.00000000 BTC.
• Arweave (AR) traded up 12% against the dollar and now trades at $40.35 or 0.00062633 BTC.
• Bitcoin SV (BSV) traded up 1.4% against the dollar and now trades at $65.17 or 0.00101168 BTC.
• eCash (XEC) traded 2.2% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Syscoin (SYS) traded 3.5% higher against the dollar and now trades at $0.21 or 0.00000319 BTC.

Bitcoin Cash Profile

BCH is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It was first traded on August 1st, 2017. Bitcoin Cash’s total supply is 19,701,709 coins. Bitcoin Cash’s official website is www.bitcoincash.org. 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.

According to CryptoCompare, “Bitcoin Cash (BCH) is a decentralized cryptocurrency created in 2017 through a hard fork of the Bitcoin blockchain. It has a larger block size than Bitcoin, allowing for faster and cheaper transactions. Bitcoin Cash can be used as a means of exchange and store of value and is gaining acceptance among merchants and businesses worldwide. It was created by a group of developers and miners who believed that Bitcoin needed modifications to address scalability issues. The main developer team was initially called “Bitcoin ABC,” but development has since become more decentralized.”

Bitcoin Cash Coin Trading

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

BCH/USD price chart by TradingView