Bitcoin Cash Market Cap Reaches $8.46 Billion (BCH)
Bitcoin Cash (CURRENCY:BCH) traded 5.5% lower against the dollar during the 24 hour period ending at 9:00 AM E.T.on February 7th.One Bitcoin Cash coin can now be bought for approximately $453.40 or 0.01178122 BTC on exchanges.Bitcoin Cash has a total market capitalization of $8.46 billion and approximately $5.62 billion worth of Bitcoin Cash was traded on exchanges in the last 24 hours.
Over the last week, Bitcoin Cash has traded up 11.1% against the dollar.
Here’s how related cryptocurrencies have performed over the last 24 hours: Get Bitcoin Cash alerts: Bitcoin (BTC) traded 4.3% lower against the dollar and now trades at $38,484.89 or 1.BTC.Bitcoin SV (BSV) traded down 1.8% against the dollar and now trades at $185.56 or 0.00482168 BTC.
Bitcoin Cash ABC (BCHA) traded down 6.2% against the dollar and now trades at $14.55 or 0.00037817 BTC.Steem (STEEM) traded down 3.7% against the dollar and now trades at $0.22 or 0.563 BTC.Namecoin (NMC) traded 34.9% higher against the dollar and now trades at $1.16 or 0.00003008 BTC.PIXEL (PXL) traded 4.7% lower against the dollar and now trades at $0.0145 or 0.38 BTC.Counterparty (XCP) traded up 4.3% against the dollar and now trades at $2.79 or 0.00007250 BTC.
DragonVein (DVC) traded down 2.7% against the dollar and now trades at $0.0356 or 0.93 BTC.
Crown (CRW) traded up 10.8% against the dollar and now trades at $0.10 or 0.272 BTC.DAOBet (BET) traded 21.8% lower against the dollar and now trades at $0.0110 or 0.29 BTC.
Bitcoin Cash Coin Profile Bitcoin Cash (CRYPTO: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 18,648,462 coins.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 .
Bitcoin Cash’s official Twitter account is @bitcolncash and its Facebook page is accessible here .
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 traded on the following cryptocurrency exchanges: .Investors seeking to trade Bitcoin Cash using US dollars directly can do so using GDAX, Coinbase or Gemini.
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