Bitcoin Cash Price Up 5.4% This Week (BCH)

() was 0.7% higher than the dollar in the 24-hour period ending at 0:00 am ET on the 18th of April. Bitcoin Cash's value against the dollar has increased by 5.4% in the past week. On major cryptocurrency exchanges, one Bitcoin Cash coin is currently available for $133.18 (or 0.00441052 BTC). Bitcoin Cash's market cap is $2.58 billion. In the last 24 hour, $111.21 million of Bitcoin Cash were traded.

The performance of other crypto currencies over the past 24 hours is shown below:

Bitcoin (BTC), which is currently worth $30,194.96 BTC or 1.00000000 BTC, has gained 2.5% in value against the US dollar.

Bitcoin SV (BSV), which is currently trading at $36.78 or 0.00121805 BTC, has gained 0.7% in value against the dollar.

eCash (XEC), which is now trading at $0.0000 BTC or 0.06 percent higher than the dollar, traded 0.6% higher.

Arweave (AR), which is currently trading at $9.09, or 0.00030107 BTC, has traded up 0.4% against the dollar.

Syscoin (SYS), which is a cryptocurrency, has traded 7% higher than the dollar. It now trades for $0.18 or 0.00000608 BTC.

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 19,368,681 coin. Here is a link to the article
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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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