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Bitcoin Cash

BCH

Bitcoin Cash Market Stats

Bitcoin Cash Price

$22,014.48

Bitcoin Cash Price Change (24H)

$22,014.48

Bitcoin Cash Price (24H Low)

$22,014.48

Bitcoin Cash Price (24 High)

$22,014.48

Bitcoin Cash Price (All Time High)

$22,014.48

Bitcoin Cash Market Cap

$22,014.48

Bitcoin Cash Volume (24H)

$22,014.48

Bitcoin Cash Circulating Supply

$22,014.48

Bitcoin Cash Price Live Data

The live [Bitcoin] price today is [$20,014.48] with a 24-hour trading volume of [$44.6b]. The [BTC] price is updated in real-time. [Bitcoin] is [up/down] [45.77%] in the last 24 hours. The current [Bitcoin] live market cap is [$189,3B] with a circulating supply of [121.3M] [BTC] coins and a max supply of [21,000,000] [BTC] coins.

Looking to buy [Bitcoin] at the current rate? The best cryptocurrecny exchanges for trading for [Bitcoin] stocks and coins are Bitbuy, CoinSmart, NetCoins, Netwon, and Crypto.com; you can find other [Bitcoin]-[BTC] exchanges on our best crypto exchange, best crypto exchange in Canada and best crypto exchange in the USA pages.

What is Bitcoin Cash (BCH)?

Bitcoin Cash (BCH) was created from a hard fork of the original Bitcoin network in 2017. As Bitcoin’s popularity among investors grew, the cryptocurrency’s network became overloaded, prompting discussions about possible solutions.

Developers suggested that they increase the maximum allowable block. However, this led to discord among Bitcoin’s coders and miners. A second blockchain eventually forked off from the main one.

Thus, the Bitcoin Cash blockchain was developed and released to all Bitcoin owners at no cost.

A second Bitcoin Cash schism occurred in 2018, creating Bitcoin Cash (BCH) and Bitcoin SV. Another massive hard fork in 2020 produced what is now known as Bitcoin Cash ABC.

Neither Bitcoin ABC nor Bitcoin SV was able to achieve widespread adoption. However, you can still buy these coins on virtually any market for digital money.

ASIC miners validate network transactions in Bitcoin Cash (BCH) mining, just as they are in Bitcoin mining. Compared to other cryptocurrencies, Bitcoin Cash (BCH) takes more energy for each block to mine since its blocks are more significant.

Additionally, Bitcoin Cash is noted as the first cryptocurrency to deploy and successfully run the Segregated Witness (SegWit) update. This technology splits up the transaction data so that more transactions can be transmitted simultaneously. BCH’s use of CashScrypt to create smart contracts is a further benefit above Bitcoin’s.

Bitcoin Cash Illustration - Comparewise

Who Created Bitcoin Cash (BCH)?

When speaking of BCH creators, you can’t name specific persons as different Bitcoin programmers engineered the cryptocurrency. After getting tired of the infighting, they released codes that significantly changed Bitcoin, resulting in a hard fork.

Bitcoin Cash (BCH) began as Bitcoin ABC, a software released in June 2017 before splitting apart. After testing, the coin was released to the public on August 1, 2017.

Roger Ver is the top promoter among supporters of this cryptocurrency. He did not create Bitcoin Cash, but he decided to participate in the project because he liked its direction.

How Does Bitcoin Cash (BCH) Work?

Bitcoin Cash (BCH) users send and receive BCH using the blockchain. Users input the public key linked with their Bitcoin Cash wallet.

This cryptocurrency relies on a consensus mechanism known as proof-of-work. With this integration, participants known as “miners” race to solve computational puzzles to earn cryptocurrency rewards. Bitcoin Cash, like Bitcoin, uses the SHA-256 hashing method to create a digital fingerprint of transactions.

One way Bitcoin Cash (BCH) differs from Bitcoin is in the “difficulty adjustment” for block mining. To keep the generation of new blocks constant, the Bitcoin software adjusts the mining difficulty factor every 2,016 blocks. Instead, Bitcoin Cash’s difficulty is recalculated every ten minutes to reflect the actual hash rate of the network.

Currently, the highest number of transactions the Bitcoin Cash (BCH) network can process is 61 per second. This is a considerable increase above Bitcoin’s transaction limit of 3 per block.

Is Bitcoin Cash (BCH) a Good Investment?

Bitcoin Cash has the potential to become a widely used payment system because of its low transaction fees (less than one cent). It also has a high transaction volume of over one hundred per second. Hence, it’s easy to imagine that the road ahead is long for this platform.

Bear in mind that it is often used as a means of exchange, not for investment purposes. Still, Bitcoin Cash may be worth betting on if its increased scalability and speedier transaction times prove attractive to investors.

FAQs about Bitcoin Cash (BCH)

How Many Bitcoin Cash (BCH) Are There?

There are precisely 21 million Bitcoin Cash coins in circulation, making this cryptocurrency identical in size to Bitcoin. A little over 18.5 million coins, or around 89% of the total, are now in circulation.

How Is Bitcoin Cash (BCH) Secured?

Proof of Work (PoW), a standard system among cryptocurrencies, is used in BCH for security. Using this process, participants in a blockchain network compete to add new blocks to the distributed ledger.

The hardware and energy costs of PoW mining ensure that the system is safe from attacks. An attack on the network will be very costly and unprofitable for the attacker, as predicted by game-theory-based notions.

What Can You Use Bitcoin Cash (BCH) for?

Bitcoin Cash may be considered an electronic version of cash because of its focus on transactions. Payment processors like PayPal support Bitcoin Cash purchases. You can use Bitcoin Cash to exchange for other cryptos or save it in your wallet.

Bitcoin Cash News

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Bitcoin Cash Analysis

Bitcoin Cash (BCH) Analysis Summary

By January 2024, TradingBeasts projects that the market price will reach an all-time high of $166.042.

It is anticipated that by the middle of 2024, BCH will be trading between $136.366 and $200.538. The coin’s value may skyrocket in the last few months of 2024, reaching a maximum of $232.299 at the year’s end. The lowest price point expected this year is $159.63.

It predicts a peak price of $280.031 and a low price of $190.41, with the coin trading at $224.025 on average in 2025.

According to Gov.Capital’s algorithms, the present bear market will persist for the foreseeable future, making Bitcoin Cash an unattractive investment option.

Cryptocurrency experts predict Bitcoin Cash might lose 90% of its value over the next few years. They conclude it is a poor long-term investment and predict a sharp price decline, down to $61.

In 2026, we expect to see a modest drop in prices. Investors may be able to purchase BCH at a price between $192.51 and $234.16. However, it is only if the minimum and maximum values drop to those levels, respectively.

Analysts say that the Bitcoin Cash price forecast for 2027 projects a high of $326.82 and a low of $269.65 on average.

Analysis Q&As

What is Bitcoin Cash price today?

Bitcoin Cash price today is [price] within 24-hour trading volume of [Volume].

What was the highest price for Bitcoin Cash?

Bitcoin Cash hit an all time high of [All High].

What was the lowest price for Bitcoin Cash?

Bitcoin Cash had an all time low of [All Low].

What was the 24 hours trading volume of Bitcoin Cash?

The 24 hour trading volume of Bitcoin Cash is [Volume].

Where can Bitcoin Cash be traded?

You can trade Bitcoin Cash on Crypto.com, Kraken, Binance, and FTX. The popular trading pairs for Bitcoin Cash in the market includes BCH/USD, Bitcoin Cash/CAD, Bitcoin Cash/EUR, Bitcoin Cash/GBP, and Bitcoin Cash/AUD. Bitcoin Cash is a token that is related to the ... categories.

What exchange is Bitcoin Cash on?

Online traders can buy or sell Bitcoin Cash (BCH) on the top crypto exchange, such as Crypto.com, Kraken, Binance, and FTX.

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Bitcoin Cash Technicals

See Comparewise coin rating definitions for more information.

Bitcoin Cash Price Statistics
Bitcoin Cash Price Today

08/16/2022

Bitcoin Cash Price

$22,014.48

Bitcoin Cash Price Change (24H)

$22,014.48

Bitcoin Cash Price (24H Low)

$22,014.48

Bitcoin Cash Price (24H High)

$22,014.48

Bitcoin Cash Price (All Time High)

$22,014.48

Bitcoin Cash Market Cap

$22,014.48

Bitcoin Cash Volume (24H)

$22,014.48

Bitcoin Cash Circulating Supply

$121.3M

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