Bitcoin Cash (BCH) Reaches 24 Hour Volume of $226.06 Million

Bitcoin Cash (BCH) traded down 2.5% against the U.S. dollar during the 1-day period ending at 12:00 PM E.T. on November 2nd. One Bitcoin Cash coin can currently be purchased for approximately $343.93 or 0.00495668 BTC on popular cryptocurrency exchanges. Bitcoin Cash has a total market cap of $6.80 billion and approximately $226.06 million worth of Bitcoin Cash was traded on exchanges in the last day. Over the last week, Bitcoin Cash has traded down 1.4% against the U.S. dollar.

Here’s how other cryptocurrencies have performed over the last day:

• Bitcoin (BTC) traded down 0.7% against the dollar and now trades at $69,387.88 or 1.00000000 BTC.
• Bitcoin SV (BSV) traded down 4.8% against the dollar and now trades at $48.53 or 0.00069933 BTC.
• Arweave (AR) traded 6% lower against the dollar and now trades at $14.54 or 0.00020951 BTC.
• eCash (XEC) traded down 3.8% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 2.7% lower against the dollar and now trades at $0.0961 or 0.00000139 BTC.

Bitcoin Cash Profile

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 19,782,709 coins. The official website for Bitcoin Cash is www.bitcoincash.org. The Reddit community for Bitcoin Cash is /r/Bitcoincash and the currency’s Github account can be viewed here. The official message board for Bitcoin Cash 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 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.”

Buying and Selling Bitcoin Cash

Investors seeking to acquire Bitcoin Cash using U.S. dollars directly can do so using Gemini, Coinbase or Changelly.

BCH/USD price chart by TradingView