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Bitcoin Cash (BCH) Price Reaches $100.17 on Top Exchanges

Financial News Live ·  Dec 19, 2022 15:21

Bitcoin Cash (BCH) traded down 2% against the dollar during the 24 hour period ending at 15:00 PM E.T. on December 19th. Over the last seven days, Bitcoin Cash has traded down 5.3% against the dollar. One Bitcoin Cash coin can now be bought for about $100.17 or 0.00604343 BTC on cryptocurrency exchanges. Bitcoin Cash has a total market capitalization of $1.93 billion and approximately $128.86 million worth of Bitcoin Cash was traded on exchanges in the last 24 hours.

Here's how other cryptocurrencies have performed over the last 24 hours:

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  • Bitcoin (BTC) traded 1.1% lower against the dollar and now trades at $16,574.67 or 1.00000000 BTC.
  • Bitcoin SV (BSV) traded 0.6% higher against the dollar and now trades at $44.86 or 0.00270632 BTC.
  • eCash (XEC) traded down 5.5% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Arweave (AR) traded down 4% against the dollar and now trades at $7.44 or 0.00044878 BTC.
  • Syscoin (SYS) traded 6% higher against the dollar and now trades at $0.11 or 0.00000660 BTC.

About Bitcoin Cash

Bitcoin Cash (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 19,260,281 coins. Bitcoin Cash's official message board is bitcointalk.org. Bitcoin Cash's official website is . Bitcoin Cash's official Twitter account is @bitcolncash and its Facebook page is accessible here. The Reddit community for Bitcoin Cash is /r/Bitcoincash and the currency's Github account can be viewed here.

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 trade Bitcoin Cash using U.S. dollars directly can do so using GDAX, Changelly or Gemini.

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Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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