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Bitcoin Gold (BTG) Reaches One Day Trading Volume of $1.75 Million

Financial News Live ·  Apr 21, 2023 13:44

Bitcoin Gold (BTG) traded 1.8% lower against the U.S. dollar during the one day period ending at 13:00 PM ET on April 21st. One Bitcoin Gold coin can currently be bought for approximately $14.91 or 0.00053376 BTC on popular cryptocurrency exchanges. Bitcoin Gold has a market cap of $261.17 million and approximately $1.75 million worth of Bitcoin Gold was traded on exchanges in the last 24 hours. During the last seven days, Bitcoin Gold has traded down 8.8% against the U.S. dollar.

Here is how other cryptocurrencies have performed during the last 24 hours:

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  • Zcash (ZEC) traded up 0.6% against the dollar and now trades at $37.63 or 0.00134681 BTC.
  • Horizen (ZEN) traded 0.4% lower against the dollar and now trades at $9.79 or 0.00035052 BTC.
  • Pirate Chain (ARRR) traded down 11.6% against the dollar and now trades at $0.34 or 0.00001232 BTC.
  • Komodo (KMD) traded 16.2% higher against the dollar and now trades at $0.39 or 0.00001403 BTC.
  • Bitcoin Private (BTCP) traded 1.4% higher against the dollar and now trades at $0.36 or 0.00001306 BTC.
  • ZClassic (ZCL) traded 13.5% lower against the dollar and now trades at $0.0397 or 0.00000142 BTC.

Bitcoin Gold Profile

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. The official website for Bitcoin Gold 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, "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 currently possible to purchase alternative cryptocurrencies such as Bitcoin Gold directly using US dollars. Investors seeking to trade Bitcoin Gold should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase 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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