Bitcoin Cash (BCH) Price Tops $392.05 on Major Exchanges

Bitcoin Cash (BCH) traded up 0.7% against the U.S. dollar during the 24 hour period ending at 11:00 AM ET on March 6th. One Bitcoin Cash coin can now be purchased for $392.05 or 0.00431772 BTC on cryptocurrency exchanges. Over the last seven days, Bitcoin Cash has traded up 31.2% against the U.S. dollar. Bitcoin Cash has a total market capitalization of $7.78 billion and approximately $806.04 million worth of Bitcoin Cash was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed over the last day:

• Bitcoin (BTC) traded 1.6% higher against the dollar and now trades at $90,861.85 or 1.00000000 BTC.
• Bitcoin SV (BSV) traded 1.5% lower against the dollar and now trades at $36.49 or 0.00040185 BTC.
• Arweave (AR) traded up 1.2% against the dollar and now trades at $7.48 or 0.00008241 BTC.
• eCash (XEC) traded 0.1% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 1.6% higher against the dollar and now trades at $0.0543 or 0.00000060 BTC.

Bitcoin Cash Coin 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 19,838,538 coins. 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. Bitcoin Cash’s official website is www.bitcoincash.org. The official message board for Bitcoin Cash is bitcointalk.org.

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 Gemini, GDAX or Coinbase.

BCH/USD price chart by TradingView