Bitcoin Cash Reaches 24 Hour Trading Volume of $5.02 Billion (BCH) Posted by Matthew Tipps on May 16th, 2021
Bitcoin Cash (CURRENCY:BCH) traded 7.6% lower against the U.S.dollar during the 1-day period ending at 16:00 PM E.T.on May 16th.Bitcoin Cash has a total market capitalization of $20.85 billion and $5.02 billion worth of Bitcoin Cash was traded on exchanges in the last 24 hours.
During the last seven days, Bitcoin Cash has traded 16.5% lower against the U.S.dollar.One Bitcoin Cash coin can currently be bought for about $1,112.85 or 0.02519865 BTC on exchanges.
Here’s how other cryptocurrencies have performed during the last 24 hours: Get Bitcoin Cash alerts: Bitcoin (BTC) traded 8.6% lower against the dollar and now trades at $44,162.96 or 1.BTC.
Bitcoin SV (BSV) traded 8.1% lower against the dollar and now trades at $292.45 or 0.00662208 BTC.Bitcoin Cash ABC (BCHA) traded 5.7% lower against the dollar and now trades at $31.06 or 0.00070333 BTC.Steem (STEEM) traded 9.1% lower against the dollar and now trades at $0.80 or 0.00001802 BTC.PIXEL (PXL) traded 8.7% lower against the dollar and now trades at $0.0935 or 0.212 BTC.Namecoin (NMC) traded 5.9% lower against the dollar and now trades at $1.49 or 0.00003370 BTC.
DragonVein (DVC) traded 1.4% lower against the dollar and now trades at $0.0642 or 0.
145 BTC.
Crown (CRW) traded 9.3% lower against the dollar and now trades at $0.13 or 0.304 BTC.Color Platform (CLR) traded up 0.1% against the dollar and now trades at $0.0097 or 0.22 BTC.DAOBet (BET) traded down 5.4% against the dollar and now trades at $0.0054 or 0.12 BTC.
Bitcoin Cash Profile Bitcoin Cash (CRYPTO:BCH) 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 18,739,244 coins.
The official message board for Bitcoin Cash is bitcointalk.org .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 .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).
Blockchain data provided by: Blockchair (Main Source), WhatToMine (Block Time only) “
Buying and Selling Bitcoin Cash
Investors seeking to trade Bitcoin Cash using U.S.
dollars directly can do so using Coinbase , GDAX or Gemini.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 ..
