Bitcoin Cash 24 Hour Trading Volume Reaches $61.45 Million (BCH)

U.S. dollar. Bitcoin Cash has traded higher against the U.S. dollar over the past week, though it saw a slight dip today.

() was 1.4% higher than the U.S. Dollar during the day ending at 0:00 am Eastern time on the 20th of May. Bitcoin Cash's value against the U.S. Dollar has increased by 2% over the past seven days. Bitcoin Cash's total market capitalization is $2.26 billion. In the last 24 hour, approximately $61.45 millions worth of Bitcoin Cash were traded. On popular exchanges, one Bitcoin Cash coin is now available for $116.36 (or 0.00428189 BTC).

The performance of related cryptocurrencies over the past 24 hours is shown below:

Bitcoin (BTC), which is currently valued at $27.175.38 or 1.000.000 BTC, has traded up 1.1% against the US dollar.

Bitcoin SV (BSV), which is currently trading at $34.86 or 0.00128279 BTC, has gained 3.2% in value against the dollar.

eCash (XEC), which trades for $0.0000 or 0.00000000 BTC, is now 1% higher than the dollar.

Arweave (AR), which is currently trading at $6.76, or 0.00024859 BTC, has gained 0.3% in value against the US dollar.

Syscoin (SYS), which is currently trading at $0.13, or 0.00000461 BTC, has gained 4.6% in value against the dollar.

It is a Proof-of-Work (PoW), coin which uses the SHA256 hashing algorithms. It was traded for the first time on August 1, 2017. The total supply of Bitcoin Cash is 19,397 400 coins. The official website of Bitcoin Cash is

CryptoCompare states that Bitcoin Cash (BCH), a decentralized cryptocurrency, was created in 2017 by a hard-fork of the Bitcoin Blockchain. It is faster and cheaper to transact with Bitcoin Cash because it has a bigger block size. Bitcoin Cash is becoming more popular among businesses and merchants worldwide as it can be used for exchange and storage of value. The group of developers, miners and other stakeholders believed that Bitcoin was in need of modifications to deal with scaling issues. The team of developers was originally called Bitcoin ABC. However, development has become more decentralized.

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