Bitcoin Cash Reaches 24 Hour Trading Volume of $4.92 Billion (BCH)

Bitcoin Cash (CURRENCY:BCH) traded down 3.6% against the U.S. dollar during the 1 day period ending at 21:00 PM Eastern on January 25th. One Bitcoin Cash coin can now be bought for approximately $435.53 or 0.01335468 BTC on popular cryptocurrency exchanges. Bitcoin Cash has a total market capitalization of $8.12 billion and approximately $4.92 billion worth of Bitcoin Cash was traded on exchanges in the last 24 hours. Over the last seven days, Bitcoin Cash has traded down 15.4% against the U.S. dollar.

Here’s how similar cryptocurrencies have performed over the last 24 hours:

  • Bitcoin (BTC) traded 0.1% lower against the dollar and now trades at $32,612.18 or 1.00000000 BTC.
  • Bitcoin SV (BSV) traded up 1.1% against the dollar and now trades at $178.48 or 0.00547289 BTC.
  • Bitcoin Cash ABC (BCHA) traded down 3.4% against the dollar and now trades at $13.89 or 0.00042577 BTC.
  • Steem (STEEM) traded 1.2% lower against the dollar and now trades at $0.18 or 0.00000563 BTC.
  • Namecoin (NMC) traded down 4.2% against the dollar and now trades at $0.78 or 0.00002377 BTC.
  • PIXEL (PXL) traded down 1% against the dollar and now trades at $0.0136 or 0.00000042 BTC.
  • DragonVein (DVC) traded up 0.1% against the dollar and now trades at $0.0384 or 0.00000118 BTC.
  • Counterparty (XCP) traded down 5.6% against the dollar and now trades at $1.91 or 0.00005854 BTC.
  • Crown (CRW) traded 1.1% higher against the dollar and now trades at $0.0757 or 0.00000232 BTC.
  • DAOBet (BET) traded 12.9% lower against the dollar and now trades at $0.0077 or 0.00000024 BTC.

Bitcoin Cash Coin Profile

Bitcoin Cash (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 18,637,438 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 message board is bitcointalk.org. 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). “

Buying and Selling Bitcoin Cash

Bitcoin Cash can be bought or sold on the following cryptocurrency exchanges: . Investors seeking to trade Bitcoin Cash using US dollars directly can do so using Changelly, Gemini or Coinbase.

Receive News & Updates for Bitcoin Cash Daily – Enter your email address below to receive a concise daily summary of the latest news and updates for Bitcoin Cash and related cryptocurrencies with MarketBeat.com’s FREE CryptoBeat newsletter.

Leave a Reply

Your email address will not be published. Required fields are marked *