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Bitcoin Gold (BTG) Price Up 1% Over Last 7 Days

Financial News Live ·  Apr 12, 2023 17:42

Bitcoin Gold (BTG) traded 1.3% lower against the US dollar during the 1 day period ending at 17:00 PM ET on April 12th. One Bitcoin Gold coin can now be purchased for about $15.61 or 0.00052117 BTC on popular exchanges. Bitcoin Gold has a market cap of $273.37 million and $6.76 million worth of Bitcoin Gold was traded on exchanges in the last 24 hours. Over the last week, Bitcoin Gold has traded 1% higher against the US dollar.

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

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  • Zcash (ZEC) traded 0.2% lower against the dollar and now trades at $39.79 or 0.00132842 BTC.
  • Horizen (ZEN) traded 1.6% lower against the dollar and now trades at $10.53 or 0.00035151 BTC.
  • Pirate Chain (ARRR) traded down 2.7% against the dollar and now trades at $0.40 or 0.00001335 BTC.
  • Komodo (KMD) traded down 2.7% against the dollar and now trades at $0.27 or 0.00000892 BTC.
  • Bitcoin Private (BTCP) traded down 0.6% against the dollar and now trades at $0.38 or 0.00001267 BTC.
  • ZClassic (ZCL) traded down 5.9% against the dollar and now trades at $0.0543 or 0.00000181 BTC.

About Bitcoin Gold

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

According to CryptoCompare, "BTG is a cryptocurrency with Bitcoin fundamentals, mined on common GPUs instead of specialty ASICs. This type of equipment tends to monopolize mining to a few big players, but GPU mining means anyone can mine again – restoring decentralization and independence. GPU mining rewards go to individuals worldwide, instead of mostly to ASIC warehouse owners, recreating network effects that Bitcoin used to have."

Buying and Selling Bitcoin Gold

It is usually not presently possible to buy alternative cryptocurrencies such as Bitcoin Gold directly using US dollars. Investors seeking to acquire Bitcoin Gold should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Bitcoin Gold using one of the aforementioned exchanges.

BTG/USD price chart by TradingView

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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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