Bitcoin Cash (BCH) Hits Market Capitalization of $2.62 Billion – WKRB News

   2022-08-01 11:08


Bitcoin Cash (BCH) traded down 7.3% against the US dollar during the 24 hour period ending at 7:00 AM Eastern on August 1st. Over the last week, Bitcoin Cash has traded 8.3% higher against the US dollar. Bitcoin Cash has a market cap of $2.62 billion and approximately $387.09 million worth of Bitcoin Cash was traded on exchanges in the last 24 hours. One Bitcoin Cash coin can currently be purchased for about $136.87 or 0.00595125 BTC on cryptocurrency exchanges.



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


  • Bitcoin (BTC) traded down 3.5% against the dollar and now trades at $22,997.98 or 1.00000000 BTC.
  • Bitcoin SV (BSV) traded 4.9% lower against the dollar and now trades at $60.04 or 0.00261063 BTC.
  • Alpha Coin (ALPHA) traded 3.8% lower against the dollar and now trades at $0.0273 or 0.00000119 BTC.
  • Steem (STEEM) traded up 2.3% against the dollar and now trades at $0.26 or 0.00001128 BTC.
  • Namecoin (NMC) traded down 4.3% against the dollar and now trades at $1.20 or 0.00005210 BTC.
  • Coin of champions (COC) traded up 0.3% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Counterparty (XCP) traded 0.7% higher against the dollar and now trades at $3.73 or 0.00016240 BTC.
  • ICC (ICC) traded 8.9% lower against the dollar and now trades at $0.0274 or 0.00000115 BTC.
  • Bogged Finance (BOG) traded 19.1% higher against the dollar and now trades at $0.45 or 0.00001469 BTC.
  • ArenaPlay (APC) traded 3% lower against the dollar and now trades at $0.67 or 0.00002907 BTC.

Bitcoin Cash Coin Profile

Bitcoin Cash (CRYPTO:BCH) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It launched on August 1st, 2017. Bitcoin Cash’s total supply is 19,133,419 coins. The Reddit community for Bitcoin Cash is /r/Bitcoincash and the currency’s Github account can be viewed here. Bitcoin Cash’s official website is www.bitcoincash.org. Bitcoin Cash’s official Twitter account is @bitcolncash and its Facebook page is accessible here. Bitcoin Cash’s official message board is bitcointalk.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) “

Bitcoin Cash Coin Trading

Investors seeking to acquire Bitcoin Cash using US dollars directly can do so using Gemini, Coinbase or GDAX.



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