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Bitcoin Gold (BTG) Trading 9.6% Lower This Week

Financial News Live ·  Apr 25, 2023 19:53

Bitcoin Gold (BTG) traded up 2.9% against the U.S. dollar during the 24 hour period ending at 19:00 PM Eastern on April 25th. During the last week, Bitcoin Gold has traded 9.6% lower against the U.S. dollar. One Bitcoin Gold coin can currently be bought for $14.76 or 0.00052202 BTC on popular exchanges. Bitcoin Gold has a total market cap of $258.44 million and approximately $3.33 million worth of Bitcoin Gold was traded on exchanges in the last 24 hours.

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

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  • Zcash (ZEC) traded 1.1% higher against the dollar and now trades at $37.26 or 0.00131824 BTC.
  • Horizen (ZEN) traded 1.4% higher against the dollar and now trades at $9.83 or 0.00034783 BTC.
  • Pirate Chain (ARRR) traded 0.7% higher against the dollar and now trades at $0.34 or 0.00001188 BTC.
  • Komodo (KMD) traded down 4.9% against the dollar and now trades at $0.36 or 0.00001283 BTC.
  • Bitcoin Private (BTCP) traded down 8% against the dollar and now trades at $0.31 or 0.00001104 BTC.
  • ZClassic (ZCL) traded up 2.8% against the dollar and now trades at $0.0432 or 0.00000153 BTC.

Bitcoin Gold Profile

Bitcoin Gold is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. Its genesis date was October 25th, 2017. Bitcoin Gold's total supply is 17,513,924 coins. Bitcoin Gold's official message board is forum.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. Bitcoin Gold's official website is 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."

Bitcoin Gold Coin Trading

It is usually not currently possible to buy alternative cryptocurrencies such as Bitcoin Gold directly using U.S. dollars. Investors seeking to acquire 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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