Bitcoin Cash (BCH) Price Hits $471.74 on Major Exchanges

Bitcoin Cash (BCH) traded 2.5% higher against the dollar during the 1 day period ending at 21:00 PM ET on May 5th. One Bitcoin Cash coin can now be bought for about $471.74 or 0.00732305 BTC on cryptocurrency exchanges. During the last week, Bitcoin Cash has traded down 0.3% against the dollar. Bitcoin Cash has a market capitalization of $9.29 billion and approximately $222.15 million worth of Bitcoin Cash was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed during 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 up 2.2% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Syscoin (SYS) traded up 3.5% against the dollar and now trades at $0.21 or 0.00000319 BTC.

Bitcoin Cash Coin Profile

Bitcoin Cash is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its launch date was August 1st, 2017. Bitcoin Cash’s total supply is 19,701,709 coins. 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 Reddit community for Bitcoin Cash is /r/Bitcoincash and the currency’s Github account can be viewed here. Bitcoin Cash’s official message board 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 U.S. dollars directly can do so using Changelly, Gemini or GDAX.

BCH/USD price chart by TradingView