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.
Buy Bitcoin CashTrading Insights
Buyer Ratio
Traders
1.5K
2.56%
Buyers
1K
1.57%
Sellers
561
5.45%
Searched
900
Market Stats
Market Cap
£8.43B
FDV
£8.88B
Circ. Supply
20M BCH
Max Supply
21M BCH
Total Supply
20M BCH
Performance
Popularity
#17
Dominance
0.3%
Volume (24H)
£347.81M
43.7%
Volume (7D)
£3.69B
Volume (30D)
£8.16B
All time high
£7.04K
Price Change (1Y)
66.78%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Investment risk
Baseline risk: All crypto-assets are risky, regardless of the type of token you hold. Here are some 'baseline' risks to be aware of before deciding to invest.
Investment risk: The performance of most crypto-assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto-assets.
Lack of protections: Crypto-assets are largely unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will protect you in the event something goes wrong with your crypto-asset investments.
Crypto-assets are complex: It may be difficult to understand the risks associated with a crypto-asset investment. Do your own research and if something sounds too good to be true, it probably is.
Don't put all your eggs in one basket: Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well. A good rule of thumb is not to invest more than 10% of your money in high-risk investments such as crypto-assets.
Additional details
Recent trends
The price of Bitcoin Cash has decreased by 0.03% in the last hour and decreased by 4.51% in the past 24 hours. Bitcoin Cash’s price has also fallen by 3.38% in the past week. The current price is £422.50 per BCH with a 24-hour trading volume of £347.81M. Currently, Bitcoin Cash is valued at 94.00% below its all time high of £7,038.62. This all-time high was the highest price paid for Bitcoin Cash since its launch.
The current circulating supply of Bitcoin Cash is 19,928,990.625 BCH which means that Bitcoin Cash has as total market cap of £8,431,106,370.61.
Market details
BCH vs markets
↘ 5.85%
BCH vs BTC
↘ 6.08%
BCH vs ETH
↗ 2.73%
Tags
mineable
pow
sha-256
marketplace
+8
Network & Addresses
Network | Address | |
---|---|---|
Bitcoin Cash | NA |
Price history
Time | Price | Change |
---|---|---|
Today | £422.50 | ↘ 4.51% |
1 Day | £439.25 | ↘ 4.51% |
1 Week | £436.32 | ↘ 3.38% |
1 Month | £414.06 | ↗ 2.88% |
1 Year | £257.35 | ↗ 66.78% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
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.
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. 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.
Bitcoin Cash has a variety of potential use cases. It can be used for peer-to-peer payments between individuals and to pay participating merchants for goods and services both in-store and online. Its structure may support micro-transaction economies, such as tipping content creators and rewarding app users a few cents. Bitcoin Cash also seeks to streamline remittances and cross-border trade. Other potential use cases include tokens, simplified smart contracts, and private payments with tools such as CashShuffle and CashFusion.
Bitcoin Cash was created in 2017 as an alternative to Bitcoin. The creation was a result of a disagreement within the Bitcoin community over scaling issues and the SegWit upgrade. A faction within the community proposed a hard fork to increase the block size limit, which led to the creation of Bitcoin Cash. The reason that Bitcoin Cash's technology was rejected by many Bitcoin developers and users is that a larger blockchain (that can support a greater number of transactions and thus cheaper transactions) comes with a key trade-off. A larger blockchain is harder to validate and store on thousands of computers around the world, which is the foundation of Bitcoin's decentralized nature (such as ensuring that no individual, company, or organization can tamper with Bitcoin's blockchain at its core). Since its inception, Bitcoin Cash has faced its own set of challenges and milestones, including a hard fork in November 2018 that led to the creation of Bitcoin SV (BSV), a separate cryptocurrency.
One way to use Bitcoin Cash is to find a merchant that accepts purchases via Coinbase Commerce. Coinbase Commerce enables merchants to accept Bitcoin Cash transactions easily.
Bitcoin Cash is available via many crypto exchanges and finance apps, including Coinbase.
We update our Bitcoin Cash to GBP currency in real-time. Get the live price of Bitcoin Cash on Coinbase.
The current market cap of Bitcoin Cash is £8.43B. A high market cap implies that the asset is highly valued by the market.
The all-time high of Bitcoin Cash is £7,038.62. This all-time high is highest price paid for Bitcoin Cash since it was launched.
Over the last 24 hours, the trading volume of Bitcoin Cash is £347.81M.
Assets that have a similar market cap to Bitcoin Cash include Stellar Lumens, Hedera, SUI, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Bitcoin Cash is 20 million.
Bitcoin Cash ranks 18 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
Currently, 98% of Coinbase users are buying Bitcoin Cash. In other words, 98% of Coinbase customers have increased their net position in Bitcoin Cash over the past 24 hours through trading.
Yes, Bitcoin Cash is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Bitcoin Cash guide.
Bitcoin Cash news
Trending articles
Social stats
Popularity in posts
#155
Contributors
874
Posts
1,978
% About Bitcoin Cash
0.141%
Articles
8
Hold times
0 days
X (Twitter)
17.47% bullish
Sentiment
4.1 ★
Highlights
874 unique individuals are talking about Bitcoin Cash and it is ranked #155 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 82 out of 5. Finally, Bitcoin Cash is becoming less newsworthy, with 8 news articles published about Bitcoin Cash.
On Twitter, people are mostly neutral about Bitcoin Cash. There were 18.32% of tweets with bullish sentiment compared to 4.87% of tweets with a bearish sentiment about Bitcoin Cash. 81.68% of tweets were neutral about Bitcoin Cash. These sentiments are based on 1728 tweets.
On Reddit, Bitcoin Cash was mentioned in 38 Reddit posts and there were 76 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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Legal
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
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.