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BCH
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1h | 24h | 7d | 30d | 60d | 90d |
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0.13% | -2.91% | -5.48% | -26.18% | -29.86% | -28.59% |
1h | 24h | 7d | 30d | 60d | 90d |
---|---|---|---|---|---|
0.13% | -2.91% | -5.48% | -26.18% | -29.86% | -28.59% |
1
BCH
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USD
2
3
1
Price has decreased by -29.96% in the last 1 year.
Bitcoin Cash is currently trading -23.15% below the 200-Day SMA which is $397.12.
The 14-Day Relative Strength Index (RSI) is at 34.46 which indicates that the cryptocurrency is currently NEUTRAL and may trade sideways.
The number of green days in the last 30 days is 9 which is 30%.
Over 94.43% of the total supply is in circulation.
Has high liquidity with 0.04089 volume to market cap ratio. The current market cap is $6.24B while the 24-hour volume is $255.21M
Year | Q1 | Q2 | Q3 | Q4 | Total |
---|---|---|---|---|---|
2017 | - | - | 4.37% | 478.49% | 503.78% |
2018 | -72.46% | 7.93% | -28.36% | -71.65% | -93.96% |
2019 | 14.42% | 135.29% | -43.94% | -9.92% | 35.94% |
2020 | 6.91% | 1.51% | 2.70% | 50.33% | 67.53% |
2021 | 57.81% | -2.71% | -4.57% | -14.31% | 25.55% |
2022 | -11.07% | -73.09% | 16.45% | -19.13% | -77.46% |
2023 | 27.67% | 148.33% | -23.92% | 11.35% | 168.58% |
2024 | 160.91% | -41.99% | -14.03% | 28.41% | 67.09% |
Average | 26.31% | 25.04% | -13.04% | 64.80% | 99.58% |
Bitcoin Cash (BCH) is a hard fork cryptocurrency released on 1st August, 2017. It is a fork version of bitcoin, which aims to increase bitcoin block size to 8MB. At the time of the fork anyone owning bitcoin was also became owner of Bitcoin Cash units. On 1st August, 2017 BCH began trading at about $250, while BTC traded at about $2,800. The naming of Bitcoin Cash is contentious, sometimes it is referred to as Bcash. On Nov 16th 2018 BCH was hard forked again and split into Bitcoin ABC and Bitcoin SV.
Bitcoin Cash (BCH) is a peer-to-peer electronic cash system that aims to become sound global money with fast payments, micro fees, privacy, and a larger block size. As a permissionless, decentralized cryptocurrency, Bitcoin Cash requires no trusted third parties.
This article will explain Bitcoin Cash, a peer-to-peer electronic cash system that was created in 2017 as a result of a hard fork in the Bitcoin network. Discover how, in comparison to Bitcoin, its larger block size enables quicker transactions and lower fees. Learn how Bitcoin Cash seeks to realize the initial goal of Bitcoin, which was to create scalable, widely used money. Examine the working, applications, and uniqueness of this cutting-edge cryptocurrency.
As a substitute for Bitcoin (BTC), the original and most valued cryptocurrency, Bitcoin Cash was developed. With the release of their software version and a fully functional competing product in 2017, the developers of BCH altered the BTC code, dividing Bitcoin into two blockchains: Bitcoin and Bitcoin Cash. A hard fork in the blockchain that resulted from disagreements within the community over Bitcoin scaling and the SegWit upgrade is known as Bitcoin Cash. In addition, there was another hard fork in the fall of 2018 that split Bitcoin Cash into Bitcoin ABC and Bitcoin SV.
The scaling debate involved two sides:
Satoshi Nakamoto, an anonymous creator of Bitcoin, published the coin’s whitepaper entitled “Bitcoin: A Peer-to-Peer Electronic Cash System” in 2008. In 2009, the first Bitcoin software that powered the blockchain went live.
The fees were low and the transactions were reliable for several years. However, by 2016, as the popularity of Bitcoin increased, the number of transactions on its network grew, leading to slow processing times and higher fees. Mining hardware manufacturer Bitmain proposed the hard fork for increasing the block size limit to allow more transactions per block, which went live on August 1, 2017, resulting in the creation of Bitcoin Cash. It received support from some in the Bitcoin community, like Roger Ver.
Since its inception, Bitcoin Cash has experienced its own set of challenges and milestones. One notable event was another hard fork in November 2018, which led to the creation of Bitcoin SV (BSV), a separate cryptocurrency.
Due to the larger block size, Bitcoin Cash (BCH) works faster and has lower transaction fees. Furthermore, Bitcoin Cash supports smart contracts and ecosystem apps.
With a limited total supply of 21 million coins, Bitcoin Cash is provably scarce and, like physical cash, can be easily spent. Transactions are fast, with fees typically less than a tenth of a cent.
Bitcoin Cash has various use cases are as follows:
Bitcoin Cash was considered by some supporters to be the legitimate continuation of Satoshi Nakamoto’s vision of Bitcoin as a peer-to-peer electronic cash. All Bitcoin holders at the time of the fork (block 478,558) automatically became owners of Bitcoin Cash.
From a technical perspective, Bitcoin Cash is similar to the Bitcoin algorithm. Namely: both projects have a hard cap of 21 million coins and also use a Proof-of-Work (PoW) consensus framework and nodes to verify transactions.
Unlike Bitcoin (BTC), Bitcoin Cash aims to scale to meet the demands of a global payment system. At the time of the split, the Bitcoin Cash block size was increased from 1MB to 8 MB. An increased block size means Bitcoin Cash can now handle significantly more transactions per second (TPS) while keeping fees extremely low, solving the issues of payment delays and high fees experienced by some users on the Bitcoin BTC network.
As of 2023, Bitcoin Cash has a block size of 32MB, compared to Bitcoin’s block size of 1 MB.
As with Bitcoin, the maximum supply of Bitcoin Cash has a hard cap of 21 million coins. The circulating supply as of May 2023 is 19,387,119 BCH.
As with Bitcoin, Bitcoin Cash is secured by a Proof-of-Work (PoW) consensus mechanism, where miners solve computationally intensive puzzles to validate transactions and create new blocks.
Mining is the process in which new Bitcoin Cash transactions are confirmed, and new blocks are added to the blockchain. Miners use computing power and electricity to solve complex puzzles. By doing so, they can produce new blocks of transactions. If one of their blocks is accepted by the network, the miner, or mining pool, earns a block reward in the form of newly issued Bitcoin Cash.
Mining is highly competitive. As the price of Bitcoin Cash in the marketplace rises, more miners are incentivized to bring more hash rates into the ever-increasing miner competition to produce and accept blocks by the Bitcoin Cash network. More miners make the blockchain more secure by increasing and distributing the hash rate. This prevents a single miner from having control over the web.
If you would like to know where to buy BCH at the current rate, the top cryptocurrency exchanges for trading in BCH are Binance, Coinbase, KuCoin, Kraken, and more.
Conclusion
Like any cryptocurrency, investing in Bitcoin Cash has some risks, such as regulatory uncertainty and price volatility. Before making a purchase, investors should carefully examine their financial status and risk tolerance, since the value of Bitcoin Cash can change greatly. Before making any investing decisions, people should do their own research or speak with a financial expert. Additionally, whether purchasing, disposing of, or storing Bitcoin Cash, proceed with extreme caution and only utilize reliable sites.
The current price of the Bitcoin Cash(BCH) is $314.73, with a current market cap $6,241,445,239.84.
The maximum supply of the Bitcoin Cash(BCH) is around 21M.
BCH is a ticker symbol of the Bitcoin Cash.
At the movement,19.83M Bitcoin Cash tokens are already in the market out of 19.83M BCH.
There are many options for buying crypto, and Bitcoin Cash can be purchased from many crypto exchanges at any time.Just visit DigitalCoinPrice to get the world's best crypto exchanges list and buy Bitcoin Cash. It's a quick, easy, and secure way to buy Bitcoin Cash(BCH).
No, It is not a stablecoin.
Bitcoin Cash had an all-time low of $75.08.
Bitcoin Cash had an all-time high of $4,355.62.
Bitcoin ABC is the founder of the Bitcoin Cash(BCH) blockchain.
Yes, the Bitcoin Cash(BCH) coin can be mined.
The current Bitcoin Cash price is $314.73. In the last 24 hours, Bitcoin Cash price has gone up by -2.91%. The cryptocurrency market is volatile and never predicts its price movement, and it requires expertise and knowledge, and it is such a problematic take. Let's look at what our experts and market analysts discuss regarding future Bitcoin Cash price prediction.
Using a crypto portfolio tracker has become more convenient than it was in the past. This tool enables you to keep track of your crypto assets. As an example, you have acquired Bitcoin Cash at different prices, which makes it difficult to identify the individual purchasing prices. A portfolio tracker lets you identify profit and loss. Also organise it.
By exchanging BCH against fiat currencies (such as the U.S. dollar or Japanese yen) or using them as payment for goods and services, Bitcoin Cash can be earned or received in various ways. BCH considers as the most popular cryptocurrency, and on the other side, USD is the most demanding fiat currency globally. Today, almost every fiat currency has been paired with the BCH, including BCH to PHP, BCH to INR, BCH to NGN, BCH to THB, BCH to CAD, BCH to PKR, BCH to IDR , BCH to EUR , BCH to AUD , BCH to BDT and many more in the queue. The given all are fiat currency and the most widespread pairs in the market.
Would you like to know how many cryptocurrencies 1 BCH is equivalent to other cryptocurrencies or vice versa? With Digitalcoinprice's Cryptocurrency Converter Calculator, you can easily convert cryptocurrency pairs. You can convert and check any crypto pairs like BCH to BTC, BCH to SOL, BCH to XRP, BCH to LTC, BCH to ACH, BCH to SUI, BCH to BROCCOLI, BCH to HBAR, BCH to LINK, BCH to VIRTUAL .
Bitcoin Cash price today is $314.73 USD, which is Down by -2.91% over the last 24 hours. There has been an hourly Rise by 0.13%. Bitcoin Cash's market cap currently sits at $6,241,445,239.84 USD, holding up for a market cap rank at #23. The volume were at $255,214,738.77 USD Bitcoin Cash ranks no 23 in the market capitalization of Bitcoin Cash is at $6,241,445,239.84 and its volume for 24 hours is $255,214,738.77. Bitcoin Cash are under circulation, with total supply of 19.83M and the Maximum supply of 21M.
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BCH Price | $314.73 |
Percentage Change ( 24h ) | ▼2.91% $16.34 |
24h High / Low | $324.58 / $308.25 |
Trading Volume 24h | $255,214,738.77 |
Volume / Market Cap | 0.04089 |
Market Dominance | 0.20% |
Market Rank | 23 |
Market Cap | $6,241,445,239.84 |
Fully Diluted Market Cap | $6,609,286,454.39 |
All Time High | $4,355.62 ▼92.77% |
All Time Low | $75.08 ▲319.22% |
Circulating Supply | 19,831,241 BCH |
Total Supply | 19,831,241 BCH |
Max Supply | 21,000,000 BCH |