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 7h 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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Buyer Ratio
Traders
1.5K
-20.99%
Buyers
1.1K
-16.95%
Sellers
465
-29.44%
Searched
1.3K
Market Stats
Market Cap
A$15.28B
FDV
A$16.09B
Circ. Supply
20M BCH
Max Supply
21M BCH
Total Supply
20M BCH
Performance
Popularity
#13
Dominance
0.3%
Volume (24H)
A$419.42M
-65.67%
Volume (7D)
A$4.59B
Volume (30D)
A$11.81B
All time high
A$14.63K
Price Change (1Y)
13.16%
Additional details
Market details
BCH vs markets
↘ 15.94%
BCH vs BTC
↘ 10.62%
BCH vs ETH
↗ 6.27%
Tags
mineable
pow
sha-256
marketplace
+8
Network & Addresses
Network | Address | |
|---|---|---|
Bitcoin Cash | NA |
Price history
Time | Price | Change |
|---|---|---|
Today | A$768.07 | ↘ 2.35% |
1 Day | A$788.45 | ↘ 2.35% |
1 Week | A$844.65 | ↘ 9.59% |
1 Month | A$880.39 | ↘ 14.12% |
1 Year | A$671.33 | ↗ 13.16% |
Coinbase insights
Happening now
AI generated 7h 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 A$768.07. Compared to Bitcoin Cash's value of A$788.45 from 24 hours ago, there's been a -2% decrease, while the current price is -10% down from A$844.65 which was recorded one week ago. Bitcoin Cash's all time high is A$14,631.88, which was reached on December 20, 2017. This is a -95% change from its price today.
The current circulating supply of Bitcoin Cash is 19,950,441. This is 95% of its max supply of 21,000,000 BCH and 100% of its total supply of 19,950,441. The market cap is currently A$15.28B, which is a result of multiplying the current price of Bitcoin Cash(A$768.07) by the total supply(19,950,441 BCH). The fully diluted valuation of Bitcoin Cash is A$16.09B. The diluted valuation of Bitcoin Cash is A$16.09B.
Bitcoin Cash had 1,083 buyers, 465 sellers and total 1,453 trades in the last 24h. Bitcoin Cash was searched 1,250 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.