About Bitcoin Cash
Bitcoin Cash is a fork of Bitcoin that seeks to add more transaction capacity to the network in order to be useful for everyday transactions.
Happening now
AI generated 6h ago
With Bitcoin Cash's price and trading volume declining, attention is turning to whether ongoing developments, including several ETF proposals, can renew market interest.
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Trading Insights
Buyer Ratio
Traders
1.5K
-19.5%
Buyers
1.1K
-15.7%
Sellers
480
-27.71%
Searched
1.2K
Market Stats
Market Cap
ARS 13.87T
FDV
ARS 14.59T
Circ. Supply
20M BCH
Max Supply
21M BCH
Total Supply
20M BCH
Performance
Popularity
#13
Dominance
0.3%
Volume (24H)
ARS 378.04B
-66.53%
Volume (7D)
ARS 4.15T
Volume (30D)
ARS 10.78T
All time high
ARS 13.35M
Price Change (1Y)
12.04%
Additional details
Market details
BCH vs markets
↘ 16.81%
BCH vs BTC
↘ 11.51%
BCH vs ETH
↗ 5.27%
Tags
mineable
pow
sha-256
marketplace
+8
Network & Addresses
Network | Address | |
|---|---|---|
Bitcoin Cash | NA |
Price history
Time | Price | Change |
|---|---|---|
Today | ARS 694,210.50 | ↘ 3.33% |
1 Day | ARS 719,149.25 | ↘ 3.33% |
1 Week | ARS 794,559.50 | ↘ 10.64% |
1 Month | ARS 852,490.83 | ↘ 14.97% |
1 Year | ARS 496,822.50 | ↗ 12.04% |
Coinbase insights
Happening now
AI generated 6h ago
With Bitcoin Cash's price and trading volume declining, attention is turning to whether ongoing developments, including several ETF proposals, can renew market interest.
Price and trading activity have fallen
The price of BCH fell ↘4% in the last 24 hours and ↘11% over the week, underperforming the average for similar Layer 1 cryptocurrencies. During this period, its trading volume also decreased by ↘62%.
It faced strong competition from other cryptocurrencies
On a monthly basis, BCH's ↘16% price drop was less severe than the ↘19% average for its category. However, other Layer 1s showed significant strength, with ICP's price surging ↗95% and INJ's trading volume growing by ↗72% over the same timeframe.
Bitcoin Cash remains a focus for new products
Despite recent market performance, BCH is featured in multiple proposals
for new cryptocurrency ETFs, though the SEC recently delayed its
decisionon some filings. Separately, Tether provided an
updateon its plan for supporting the Bitcoin Cash network.
Recent trends
The latest BCH price is ARS 694,210.50. Compared to Bitcoin Cash's value of ARS 719,149.25 from 24 hours ago, there's been a -3% decrease, while the current price is -11% down from ARS 794,559.50 which was recorded one week ago. Bitcoin Cash's all time high is ARS 13,347,500.00, which was reached on December 20, 2017. This is a -95% change from its price today.
The current circulating supply of Bitcoin Cash is 19,950,438. This is 95% of its max supply of 21,000,000 BCH and 100% of its total supply of 19,950,438. The market cap is currently ARS 13.87T, which is a result of multiplying the current price of Bitcoin Cash(ARS 694,210.50) by the total supply(19,950,438 BCH). The fully diluted valuation of Bitcoin Cash is ARS 14.59T. The diluted valuation of Bitcoin Cash is ARS 14.59T.
Bitcoin Cash had 1,095 buyers, 480 sellers and total 1,478 trades in the last 24h. Bitcoin Cash was searched 1,225 times in the last 24h.
FAQ
Bitcoin Cash (BCH) is a decentralized cryptocurrency that operates on a peer-to-peer electronic cash system. It was "forked" from Bitcoin (BTC), the world's largest cryptocurrency, in 2017 due to a division over the protocol's future. A fork happens whenever a community makes a change to the blockchain's protocol or basic set of rules, which results in a new blockchain. In the case of Bitcoin Cash, the community set out to create a cryptocurrency that's better suited than Bitcoin for cheap, every day payments. Bitcoin itself, despite originally being named "Peer-to-Peer Electronic Cash" in its whitepaper published in 2009, may not be well-suited for use as cash in everyday purchases due to its fees. Bitcoin Cash aims to scale to accommodate global payment system demands, with a block size of 32MB as of 2023, compared to Bitcoin's 1MB block size. The larger block size of Bitcoin Cash is intended to handle more transactions per second and aims to maintain lower fees.
Bitcoin Cash operates on a Proof-of-Work (PoW) consensus mechanism, similar to Bitcoin. Miners solve complex computational puzzles to validate transactions and create new blocks. The larger block size of Bitcoin Cash allows for faster transaction processing and aims to maintain lower fees compared to Bitcoin. Bitcoin Cash also supports smart contracts and ecosystem apps. With a capped total supply of 21 million coins and a circulated supply of 19.56M tokens in November 2023, Bitcoin Cash has a limited supply and aims to facilitate easy transactions, with transactions typically costing less than a tenth of a cent.
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Bitcoin Cash news
Trending articles
Social stats
Popularity in posts
#166
Contributors
716
Posts
716
% About Bitcoin Cash
0.119%
Articles
22
Hold times
0 days
X (Twitter)
33.36% bullish
Sentiment
4.2 ★
Highlights
716 unique individuals are talking about Bitcoin Cash and it is ranked #166 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Bitcoin Cash has an average sentiment score of 4.2 out of 5. Finally, Bitcoin Cash is becoming less newsworthy, with 22 news articles published about Bitcoin Cash.
On Twitter, people are mostly neutral about Bitcoin Cash. There were 36.24% of tweets with bullish sentiment compared to 8.62% of tweets with a bearish sentiment about Bitcoin Cash. 63.76% of tweets were neutral about Bitcoin Cash. These sentiments are based on 4928 tweets.
On Reddit, Bitcoin Cash was mentioned in 405 Reddit posts and there were 1114 comments about Bitcoin Cash. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Analysis
Bulls say
Bitcoin Cash aims for faster transaction processing than Bitcoin, positioning itself as a viable option for daily digital transactions.
Read more
Bears say
Bitcoin Cash may struggle to differentiate itself significantly from its predecessor, potentially confusing new users and hindering widespread acceptance.
Read more
Bitcoin Cash calculator
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Legal
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.