share_log

Bitcoin Gold (BTG) Trading Down 11.9% Over Last Week

Financial News Live ·  Apr 25, 2023 01:03

Bitcoin Gold (BTG) traded down 2.2% against the US dollar during the 24 hour period ending at 0:00 AM ET on April 24th. Bitcoin Gold has a market capitalization of $249.84 million and $3.16 million worth of Bitcoin Gold was traded on exchanges in the last day. During the last week, Bitcoin Gold has traded down 11.9% against the US dollar. One Bitcoin Gold coin can currently be purchased for approximately $14.27 or 0.00052073 BTC on major cryptocurrency exchanges.

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

Get Bitcoin Gold alerts:
  • Zcash (ZEC) traded down 1% against the dollar and now trades at $36.69 or 0.00133941 BTC.
  • Horizen (ZEN) traded down 0.9% against the dollar and now trades at $9.55 or 0.00034879 BTC.
  • Pirate Chain (ARRR) traded 0.4% higher against the dollar and now trades at $0.33 or 0.00001211 BTC.
  • Komodo (KMD) traded 8.5% higher against the dollar and now trades at $0.38 or 0.00001384 BTC.
  • Bitcoin Private (BTCP) traded 1.2% lower against the dollar and now trades at $0.34 or 0.00001234 BTC.
  • ZClassic (ZCL) traded 2.5% lower against the dollar and now trades at $0.0422 or 0.00000154 BTC.

Bitcoin Gold Profile

Bitcoin Gold (CRYPTO: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 website for Bitcoin Gold is bitcoingold.org. 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.

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 buy alternative cryptocurrencies such as Bitcoin Gold directly using U.S. dollars. Investors seeking to acquire Bitcoin Gold should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Bitcoin Gold using one of the aforementioned exchanges.

BTG/USD price chart by TradingView

Receive News & Updates for Bitcoin Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for Bitcoin Gold and related cryptocurrencies with MarketBeat.com's FREE CryptoBeat newsletter.

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
    Write a comment