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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 22h ago
BCH is showing mixed signals as it ranks well for daily performance but faces headwinds over longer timeframes, while trading activity surges.
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Sign me up1.9K
9.15%
1.5K
22.42%
529
-19.6%
1.3K
$9.66B
$10.17B
20M BCH
21M BCH
20M BCH
#15
0.27%
$422.04M
-35.91%
$4.70B
$20.42B
$9.50K
32.35%
BCH vs markets
↘ 18.05%
BCH vs BTC
↘ 20.68%
BCH vs ETH
↘ 12.93%
Tags
mineable
pow
sha-256
marketplace
+8
Network | Address | |
---|---|---|
Bitcoin Cash | NA |
Time | Price | Change |
---|---|---|
Today | $486.01 | ↗ 0.34% |
1 Day | $482.49 | ↗ 0.87% |
1 Week | $527.04 | ↘ 7.66% |
1 Month | $564.44 | ↘ 13.78% |
1 Year | $367.70 | ↗ 32.35% |
AI generated 22h ago
BCH is showing mixed signals as it ranks well for daily performance but faces headwinds over longer timeframes, while trading activity surges.
Price performance varies by timeframe
BCH ranks 4th among cryptocurrencies for daily performance, but drops to 19th place when looking at weekly returns, reflecting the challenging environment facing Layer1 cryptocurrencies.
Trading activity increases sharply
Volume has jumped
↗51%
over the past 24 hours, indicating heightened trader interest despite the mixed price signals across different timeframes.
The latest BCH price is $486.01. Compared to Bitcoin Cash's value of $482.49 from 24 hours ago, there's been a 1% increase, while the current price is -8% down from $527.04 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 19,942,647. This is 95% of its max supply of 21,000,000 BCH and 100% of its total supply of 19,942,647. The market cap is currently $9.66B, which is a result of multiplying the current price of Bitcoin Cash($486.01) by the total supply(19,942,647 BCH). The fully diluted valuation of Bitcoin Cash is $10.17B. The diluted valuation of Bitcoin Cash is $10.17B.
Bitcoin Cash had 1,496 buyers, 529 sellers and total 1,933 trades in the last 24h. Bitcoin Cash was searched 1,302 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
#223
Contributors
566
Posts
1,043
% About Bitcoin Cash
0.092%
Articles
5
Hold times
0 days
X (Twitter)
29.82% bullish
Sentiment
4.3 ★
Highlights
566 unique individuals are talking about Bitcoin Cash and it is ranked #223 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 4.3 out of 5. Finally, Bitcoin Cash is becoming less newsworthy, with 5 news articles published about Bitcoin Cash.
On Twitter, people are mostly neutral about Bitcoin Cash. There were 39.76% of tweets with bullish sentiment compared to 33.33% of tweets with a bearish sentiment about Bitcoin Cash. 60.24% of tweets were neutral about Bitcoin Cash. These sentiments are based on 1126 tweets.
On Reddit, Bitcoin Cash was mentioned in 132 Reddit posts and there were 2176 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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