Bitcoin Cash (BCH) 24-Hour Volume Tops $66.11 Million

() rose 1.3% in value against the US Dollar during a 1-day period that ended at 22:00 PM ET, on the 26th of May. Bitcoin Cash's market cap is $2.20 billion. In the last 24 hours, exchanges traded approximately $66.11 millions worth of Bitcoin Cash. On major exchanges, one Bitcoin Cash coin is currently available for $113.26 (or 0.00423864 BTC). Bitcoin Cash's value against the US Dollar has fallen by 1.7% in the past week.

The performance of related cryptocurrencies in the past day is shown below:

Bitcoin (BTC), which is currently valued at $26,720.93, or 1.00000000 BTC, has gained 1.2% in value against the US dollar.

Bitcoin SV (BSV), which is currently trading at $32.62 or 0.00122069 BTC, has traded 1.9% higher than the dollar.

eCash (XEC), which trades for $0.0000 or 0.00000000 BTC, is now 1.4% higher than the dollar.

Arweave (AR), which is currently trading at $6.72, or 0.00025141 BTC, has gained 2.9% in value against the US dollar.

Syscoin (SYS), which is currently trading at $0.12, or 0.00000462 BTC, has traded 0.4% higher than the dollar.

It is a Proof-of-Work (PoW), coin which uses the SHA256 hashing algorithms. Its genesis was on August 1, 2017. The total supply of Bitcoin Cash is 19,402,656. Here is a link to the article
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CryptoCompare states that Bitcoin Cash (BCH), a decentralized cryptocurrency, was created in 2017 by a hard-fork of the Bitcoin Blockchain. It is faster and cheaper to transact with Bitcoin Cash because it has a bigger block size. Bitcoin Cash is becoming more popular among businesses and merchants worldwide as it can be used for exchange and storage of value. The group of developers, miners and other stakeholders believed that Bitcoin was in need of modifications to deal with scaling issues. The team of developers was originally called Bitcoin ABC. However, development has become more decentralized.

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