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 4h ago
Following a recent price jump, investors are watching how BCH navigates conflicting future developments, including a potential new investment product and the planned removal of a major stablecoin.
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Buyer Ratio
Traders
1.5K
7.6%
Buyers
1K
1.27%
Sellers
533
25.12%
Searched
1.3K
Market Stats
Market Cap
S$13.60B
FDV
S$14.32B
Circ. Supply
20M BCH
Max Supply
21M BCH
Total Supply
20M BCH
Performance
Popularity
#13
Dominance
0.3%
Volume (24H)
S$432.80M
15.26%
Volume (7D)
S$2.82B
Volume (30D)
S$10.22B
All time high
S$12.38K
Price Change (1Y)
10.42%
Additional details
Market details
BCH vs markets
↘ 20.29%
BCH vs BTC
↘ 7.93%
BCH vs ETH
↗ 3.13%
Tags
mineable
pow
sha-256
marketplace
+8
Network & Addresses
Network | Address | |
|---|---|---|
Bitcoin Cash | NA |
Price history
Time | Price | Change |
|---|---|---|
Today | S$679.65 | ↗ 4.70% |
1 Day | S$647.16 | ↗ 4.70% |
1 Week | S$678.89 | ↗ 0.37% |
1 Month | S$774.71 | ↘ 12.51% |
1 Year | S$630.72 | ↗ 10.42% |
Coinbase insights
Happening now
AI generated 4h ago
Following a recent price jump, investors are watching how BCH navigates conflicting future developments, including a potential new investment product and the planned removal of a major stablecoin.
BCH sees a short-term price jump
Bitcoin Cash (BCH) saw its price increase by
↗5%
in the last 24 hours, moving past a recent high of $511. This daily gain was slightly ahead of the broader market average, though its trading volume growth of
↗3%
was notably below the market's average increase.
Monthly performance shows a decline
This recent gain comes after a period of weaker performance, with the asset's price down
↘12%
over the past month. During that same time, other cryptocurrencies like STRK and ICP saw significant price gains and attracted higher trading volume.
Mixed news on the horizon
Looking ahead, BCH is connected to two significant but opposing developments. Grayscale has reportedly filed for a potential Bitcoin Cash ETF
, while
Tetherhas announced it will end support for its USDT stablecoin on the network in the future.
Recent trends
The latest BCH price is S$679.65. Compared to Bitcoin Cash's value of S$647.16 from 24 hours ago, there's been a 5% increase, while the current price is 0% up from S$678.89 which was recorded one week ago. Bitcoin Cash's all time high is S$12,376.82, which was reached on December 20, 2017. This is a -95% change from its price today.
The current circulating supply of Bitcoin Cash is 19,951,116. This is 95% of its max supply of 21,000,000 BCH and 100% of its total supply of 19,951,116. The market cap is currently S$13.60B, which is a result of multiplying the current price of Bitcoin Cash(S$679.65) by the total supply(19,951,116 BCH). The fully diluted valuation of Bitcoin Cash is S$14.32B. The diluted valuation of Bitcoin Cash is S$14.32B.
Bitcoin Cash had 1,035 buyers, 533 sellers and total 1,473 trades in the last 24h. Bitcoin Cash was searched 1,325 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.