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How to Buy Bitcoin Cash
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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 CashHappening now
AI generated 3h ago
Following a significant surge in trading volume for BCH, traders are watching whether this renewed interest can impact its recent price trends.
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Sign me up1.6K
0.89%
1K
1.58%
643
0.31%
1.1K
$10.67B
$11.24B
20M BCH
21M BCH
20M BCH
#15
0.29%
$724.42M
79.75%
$4.25B
$15.67B
$9.50K
50.94%
BCH vs markets
↘ 15.33%
BCH vs BTC
↘ 13.36%
BCH vs ETH
↘ 4.47%
Tags
mineable
pow
sha-256
marketplace
+8
Network | Address | |
---|---|---|
Bitcoin Cash | NA |
Time | Price | Change |
---|---|---|
Today | $535.69 | ↘ 1.88% |
1 Day | $545.38 | ↘ 1.88% |
1 Week | $578.46 | ↘ 7.63% |
1 Month | $595.40 | ↘ 10.13% |
1 Year | $354.49 | ↗ 50.94% |
AI generated 3h ago
Following a significant surge in trading volume for BCH, traders are watching whether this renewed interest can impact its recent price trends.
Trading activity sees a major spike
Daily trading volume for BCH surged by
↗81%
, a sharp contrast to the broader market which saw an average volume decline of
↘4%
. This activity pushed BCH into the top 10 for daily trading volume among similar Layer 1 projects.
Price shows mixed results
The price of BCH has declined recently, with a
↘2%
drop in the last day and a
↘11%
fall over the past month. However, looking at the last six months, the asset is up
↗50%
.
Long-term growth trails similar projects
Over the past year, BCH's price increased by
↗50%
. This growth lags the average performance of its category, where similar projects saw an average increase of
↗83%
over the same period.
The latest BCH price is $535.69. Compared to Bitcoin Cash's value of $545.38 from 24 hours ago, there's been a -2% decrease, while the current price is -8% down from $578.46 which was recorded one week ago. Bitcoin Cash's all time high is $9,500.00, which was reached on December 20, 2017. This is a -94% change from its price today.
The current circulating supply of Bitcoin Cash is 19,939,019. This is 95% of its max supply of 21,000,000 BCH and 100% of its total supply of 19,939,019. The market cap is currently $10.67B, which is a result of multiplying the current price of Bitcoin Cash($535.69) by the total supply(19,939,019 BCH). The fully diluted valuation of Bitcoin Cash is $11.24B. The diluted valuation of Bitcoin Cash is $11.24B.
Bitcoin Cash had 1,031 buyers, 643 sellers and total 1,582 trades in the last 24h. Bitcoin Cash was searched 1,053 times in the last 24h.
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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Trending articles
Popularity in posts
#218
Contributors
510
Posts
963
% About Bitcoin Cash
0.104%
Articles
8
Hold times
0 days
X (Twitter)
29.77% bullish
Sentiment
4.1 ★
Highlights
510 unique individuals are talking about Bitcoin Cash and it is ranked #218 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 81 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 32.73% of tweets with bullish sentiment compared to 9.95% of tweets with a bearish sentiment about Bitcoin Cash. 67.27% of tweets were neutral about Bitcoin Cash. These sentiments are based on 1689 tweets.
On Reddit, Bitcoin Cash was mentioned in 24 Reddit posts and there were 33 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
Bitcoin Cash aims for faster transaction processing than Bitcoin, positioning itself as a viable option for daily digital transactions.
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Bitcoin Cash may struggle to differentiate itself significantly from its predecessor, potentially confusing new users and hindering widespread acceptance.
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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.