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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.
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AI generated 13h ago
BCH is showing mixed signals as it outperforms other Layer 1 cryptocurrencies today while trading activity across the sector declines significantly.
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Sign me up1.7K
11.05%
1.2K
18.49%
601
-3.53%
748
$10.40B
$10.96B
20M BCH
21M BCH
20M BCH
#14
0.29%
$335.17M
-49.77%
$3.80B
$10.13B
$9.50K
41.29%
BCH vs markets
↘ 14.99%
BCH vs BTC
↘ 14.35%
BCH vs ETH
↘ 8.13%
Tags
mineable
pow
sha-256
marketplace
+8
Network | Address | |
---|---|---|
Bitcoin Cash | NA |
Time | Price | Change |
---|---|---|
Today | $521.69 | ↘ 2.45% |
1 Day | $535.36 | ↘ 2.45% |
1 Week | $580.03 | ↘ 10.14% |
1 Month | $595.05 | ↘ 12.24% |
1 Year | $369.63 | ↗ 41.29% |
AI generated 13h ago
BCH is showing mixed signals as it outperforms other Layer 1 cryptocurrencies today while trading activity across the sector declines significantly.
Price performance varies across timeframes
BCH ranks 6th among Layer 1 cryptocurrencies for monthly performance but sits at 14th for hourly price changes, showing stronger medium-term momentum compared to recent short-term movement.
Trading volume drops sharply in Layer 1 space
Volume in the Layer 1 category has decreased by
↘56%
, indicating reduced trading interest across BCH and similar blockchain platforms.
The latest BCH price is $521.69. Compared to Bitcoin Cash's value of $535.36 from 24 hours ago, there's been a -2% decrease, while the current price is -10% down from $580.03 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 -95% change from its price today.
The current circulating supply of Bitcoin Cash is 19,939,656. This is 95% of its max supply of 21,000,000 BCH and 100% of its total supply of 19,939,656. The market cap is currently $10.40B, which is a result of multiplying the current price of Bitcoin Cash($521.69) by the total supply(19,939,656 BCH). The fully diluted valuation of Bitcoin Cash is $10.96B. The diluted valuation of Bitcoin Cash is $10.96B.
Bitcoin Cash had 1,224 buyers, 601 sellers and total 1,748 trades in the last 24h. Bitcoin Cash was searched 748 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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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Trending articles
Popularity in posts
#225
Contributors
489
Posts
855
% About Bitcoin Cash
0.102%
Articles
6
Hold times
0 days
X (Twitter)
32.81% bullish
Sentiment
4.2 ★
Highlights
489 unique individuals are talking about Bitcoin Cash and it is ranked #225 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 84 out of 5. Finally, Bitcoin Cash is becoming less newsworthy, with 6 news articles published about Bitcoin Cash.
On Twitter, people are mostly neutral about Bitcoin Cash. There were 34.12% of tweets with bullish sentiment compared to 3.97% of tweets with a bearish sentiment about Bitcoin Cash. 65.88% of tweets were neutral about Bitcoin Cash. These sentiments are based on 1298 tweets.
On Reddit, Bitcoin Cash was mentioned in 11 Reddit posts and there were 23 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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