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.
Trading Insights
Buyer Ratio
Traders
1.4K
-21.91%
Buyers
1.1K
-17.55%
Sellers
458
-31.13%
Searched
1.2K
Market Stats
Market Cap
£7.50B
FDV
£7.89B
Circ. Supply
20M BCH
Max Supply
21M BCH
Total Supply
20M BCH
Performance
Popularity
#13
Dominance
0.3%
Volume (24H)
£222.32M
-62.39%
Volume (7D)
£2.29B
Volume (30D)
£5.84B
All time high
£7.22K
Price Change (1Y)
11.91%
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 0.35% in the last hour and decreased by 2.88% in the past 24 hours. Bitcoin Cash’s price has also fallen by 10.55% in the past week. The current price is £377.93 per BCH with a 24-hour trading volume of £222.32M. Currently, Bitcoin Cash is valued at 94.76% below its all time high of £7,218.33. This all-time high was the highest price paid for Bitcoin Cash since its launch.
The current circulating supply of Bitcoin Cash is 19,950,440.625 BCH which means that Bitcoin Cash has as total market cap of £7,496,235,513.46.
Market details
BCH vs markets
↘ 16.56%
BCH vs BTC
↘ 11.4%
BCH vs ETH
↗ 5.87%
Tags
mineable
pow
sha-256
marketplace
+8
Network & Addresses
Network | Address | |
|---|---|---|
Bitcoin Cash | NA |
Price history
Time | Price | Change |
|---|---|---|
Today | £377.93 | ↘ 2.84% |
1 Day | £387.68 | ↘ 2.88% |
1 Week | £419.98 | ↘ 10.55% |
1 Month | £433.44 | ↘ 14.97% |
1 Year | £341.96 | ↗ 11.91% |
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.