Bitcoin Gold Trading Down 5.7% This Week (BTG)

Bitcoin Gold (BTG) traded up 0.4% against the dollar during the 1-day period ending at 9:00 AM ET on October 25th. In the last seven days, Bitcoin Gold has traded down 5.7% against the dollar. Bitcoin Gold has a market capitalization of $393.63 million and approximately $4.24 million worth of Bitcoin Gold was traded on exchanges in the last day. One Bitcoin Gold coin can currently be bought for approximately $22.48 or 0.00033005 BTC on major cryptocurrency exchanges.

Here is how similar cryptocurrencies have performed in the last day:

• Zcash (ZEC) traded down 1.8% against the dollar and now trades at $36.26 or 0.00053249 BTC.
• Horizen (ZEN) traded 0.2% higher against the dollar and now trades at $7.76 or 0.00011396 BTC.
• Komodo (KMD) traded 3.7% higher against the dollar and now trades at $0.25 or 0.00000364 BTC.
• Pirate Chain (ARRR) traded down 0.1% against the dollar and now trades at $0.17 or 0.00000250 BTC.
• ZClassic (ZCL) traded up 1.1% against the dollar and now trades at $0.0578 or 0.00000085 BTC.

About Bitcoin Gold

Bitcoin Gold is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. It launched on October 25th, 2017. Bitcoin Gold’s total supply is 17,513,924 coins. Bitcoin Gold’s official Twitter account is @bitcoingold and its Facebook page is accessible here. Bitcoin Gold’s official message board is forum.bitcoingold.org. Bitcoin Gold’s official website is bitcoingold.org. The Reddit community for Bitcoin Gold is https://reddit.com/r/bitcoingoldhq and the currency’s Github account can be viewed here.

According to CryptoCompare, “Bitcoin Gold (BTG) is a digital currency that aims to decentralize the process of Bitcoin mining by utilizing GPU hardware, making it more accessible to a wider range of users. BTG is based on the original Bitcoin blockchain but incorporates a different mining algorithm, Equihash, to promote decentralization and prevent the concentration of mining power. BTG was created in 2017 as a fork of Bitcoin, and it maintains similar features such as a limited supply cap of 21 million coins. BTG can be used for peer-to-peer transactions, as well as for mining on GPU hardware to earn rewards for securing the network. BTG aims to provide a more decentralized and democratic approach to mining, empowering individual miners and promoting wider participation in the mining process.”

Bitcoin Gold Coin Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as Bitcoin Gold directly using U.S. dollars. Investors seeking to trade Bitcoin Gold should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Bitcoin Gold using one of the exchanges listed above.

BTG/USD price chart by TradingView