The Bitcoin project and its community have split into two over concerns about the scalability of Bitcoin. The outcome was a hard fork that produced Bitcoin Cash, a new cryptocurrency that proponents consider to be the legal continuation of the Bitcoin project as electronic peer-to - peer cash. The increased block size means that, while holding fees incredibly low, Bitcoin Cash can now accommodate considerably more transactions per second. With fast payments, micro fees, privacy, and high transaction efficiency, it is aimed at becoming sound global money. Bitcoin Cash is demonstrably scarce and can be spent quickly with a small total supply of 21 million coins. With transaction fees usually less than a tenth of a cent, transactions are quick. Very low fees encourage new economies of micro-transaction, such as tipping a couple of cents to content creators and rewarding app users. Other instances of usage include tokens, streamlined smart contracts, and applications such as CashShuffle and CashFusion private payments.
Bitcoin Cash (BCH) coin's current price is 1,240.33USD. The last 24-hour trading volume of Bitcoin Cash is $1.57B. BCH price has decreased by -0.80% in the last 24 hours. It has a circulating supply of 18.74M coins, and the total market cap of Bitcoin Cash is $23.24B. Users can use Binance, Bitfinex, or other cryptocurrency exchanges to purchase Bitcoin Cash with USD utilizing their bank account and credit cards. Use the Aurox Terminal to purchase Bitcoin Cash across multiple exchanges, track and view Bitcoin Cash price charts, as well as utilize our proprietary signals and indicators to help you predict the market.
May 14, 07:00:04 PM | Cointelegraph By Rakesh Upadhyay
Bitcoin is showing signs of topping out but many altcoins remain strong, a signal that the decoupling between the two is likely to continue for a few more days.
May 13, 08:00:03 PM | Cointelegraph By Rakesh Upadhyay
Bitcoin remains on slippery ground and the completion of a bearish candlestick pattern signals that further downside is possible for BTC and altcoins.
May 10, 09:00:04 PM | Cointelegraph By Rakesh Upadhyay
Ethereum's increasing dominance has kept traders focused on altcoins but Bitcoin's struggle to hold above $59,000 could send the entire market tumbling.
May 7, 08:00:04 PM | Cointelegraph By Rakesh Upadhyay
Altcoins continue to rally higher and Bitcoin's repeat tests of the $58,000 level signal that bulls are building momentum.