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Bitcoin Gold Price Reaches $16.67 (BTG)

Financial News Live ·  Apr 15, 2023 19:53

Bitcoin Gold (BTG) traded up 3.2% against the US dollar during the 24 hour period ending at 19:00 PM ET on April 15th. One Bitcoin Gold coin can now be bought for about $16.67 or 0.00054914 BTC on popular exchanges. Bitcoin Gold has a market capitalization of $291.96 million and $3.99 million worth of Bitcoin Gold was traded on exchanges in the last day. During the last seven days, Bitcoin Gold has traded up 6.9% against the US dollar.

Here is how other cryptocurrencies have performed during the last day:

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  • Zcash (ZEC) traded up 2% against the dollar and now trades at $43.04 or 0.00141764 BTC.
  • Horizen (ZEN) traded 0.2% higher against the dollar and now trades at $11.34 or 0.00037347 BTC.
  • Pirate Chain (ARRR) traded 1.3% higher against the dollar and now trades at $0.41 or 0.00001365 BTC.
  • Komodo (KMD) traded 0% lower against the dollar and now trades at $0.28 or 0.00000934 BTC.
  • Bitcoin Private (BTCP) traded down 38.8% against the dollar and now trades at $0.29 or 0.00000942 BTC.
  • ZClassic (ZCL) traded down 6.1% against the dollar and now trades at $0.0489 or 0.00000161 BTC.

Bitcoin Gold Profile

Bitcoin Gold (CRYPTO:BTG) is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. It launched on October 25th, 2017. Bitcoin Gold's total supply is 17,513,924 coins. Bitcoin Gold's official website is bitcoingold.org. The Reddit community for Bitcoin Gold is and the currency's Github account can be viewed here. Bitcoin Gold's official Twitter account is @bitcoingold and its Facebook page is accessible here. The official message board for Bitcoin Gold is forum.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 possible to buy alternative cryptocurrencies such as Bitcoin Gold directly using U.S. dollars. Investors seeking to trade Bitcoin Gold should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Coinbase or Changelly. 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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