Bitcoin Cash Trading 12.5% Higher Over Last Week (BCH)

Bitcoin Cash (BCH) traded 1% higher against the U.S. dollar during the 24-hour period ending at 19:00 PM ET on February 28th. Bitcoin Cash has a market cap of $5.81 billion and approximately $667.57 million worth of Bitcoin Cash was traded on exchanges in the last 24 hours. One Bitcoin Cash coin can currently be purchased for about $295.67 or 0.00474520 BTC on popular exchanges. In the last seven days, Bitcoin Cash has traded 12.5% higher against the U.S. dollar.

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

  • Bitcoin (BTC) traded 9.2% higher against the dollar and now trades at $62,309.30 or 1.00000000 BTC.
  • Arweave (AR) traded 52% higher against the dollar and now trades at $29.26 or 0.00046967 BTC.
  • Bitcoin SV (BSV) traded 1.1% higher against the dollar and now trades at $82.51 or 0.00132423 BTC.
  • eCash (XEC) traded up 1% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Syscoin (SYS) traded 21.5% higher against the dollar and now trades at $0.20 or 0.00000314 BTC.

Bitcoin Cash Coin Profile

BCH is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its genesis date was August 1st, 2017. Bitcoin Cash’s total supply is 19,654,531 coins. The Reddit community for Bitcoin Cash is /r/Bitcoincash and the currency’s Github account can be viewed here. The official website for Bitcoin Cash is www.bitcoincash.org. The official message board for Bitcoin Cash is bitcointalk.org. 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.”

Buying and Selling Bitcoin Cash

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

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