Bitcoin Gold (BTG) traded 3.5% lower against the US dollar during the 1-day period ending at 22:00 PM ET on May 1st. Bitcoin Gold has a market capitalization of $243.54 million and approximately $1.90 million worth of Bitcoin Gold was traded on exchanges in the last day. Over the last week, Bitcoin Gold has traded 3.6% lower against the US dollar. One Bitcoin Gold coin can currently be purchased for approximately $13.91 or 0.00049622 BTC on cryptocurrency exchanges.

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

• Zcash (ZEC) traded 2.4% lower against the dollar and now trades at $36.36 or 0.00129750 BTC.
• Horizen (ZEN) traded 1.9% lower against the dollar and now trades at $9.38 or 0.00033484 BTC.
• Pirate Chain (ARRR) traded down 2.2% against the dollar and now trades at $0.33 or 0.00001160 BTC.
• Komodo (KMD) traded 5.3% lower against the dollar and now trades at $0.30 or 0.00001082 BTC.
• Bitcoin Private (BTCP) traded up 10.2% against the dollar and now trades at $0.30 or 0.00001063 BTC.
• ZClassic (ZCL) traded down 5.3% against the dollar and now trades at $0.0448 or 0.00000160 BTC.

About Bitcoin Gold

Bitcoin Gold is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. Its genesis date was October 25th, 2017. Bitcoin Gold's total supply is 17,513,924 coins. Bitcoin Gold's official message board is forum.bitcoingold.org. Bitcoin Gold's official website is bitcoingold.org. Bitcoin Gold's official Twitter account is @bitcoingold and its Facebook page is accessible here. The Reddit community for Bitcoin Gold is 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."

Buying and Selling Bitcoin Gold

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 Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Bitcoin Gold using one of the aforementioned exchanges.

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