Bitcoin Cash price right now is $ 296.36 with a 24-hour trading volume of $ 4.29B, market cap of $ 5.62B, and market dominance of 0.32%. The BCH price increased 1.29% in the last 24 hours.
Bitcoin Cash reached its highest price on Dec 20, 2017 when it was trading at its all-time high of $ 4,358.92. The lowest price since it’s ATH was $ 77.24 (cycle low). The highest BCH price since the last cycle low was $ 1,622.04 (cycle high). The Bitcoin Cash price prediction sentiment is currently bearish.
Bitcoin Cash’s current circulating supply is 18.97M BCH out of max supply of 21.00M BCH. In terms of market cap, Bitcoin Cash is currently ranked 5 in the Proof-of-Work sector and ranked 1 in the Bitcoin Cash sector.
Bitcoin Cash (BCH) is a cryptocurrency that was created through a hard fork of the Bitcoin blockchain in August of 2017. Each holder of BTC could access the equivalent amount of BCH after the fork was completed.
In short, the reason for the fork was that the Bitcoin community split in two camps who had very different ideas on how to ensure that the Bitcoin network is sufficiently scalable.
One of the biggest difference is that Bitcoin Cash has a much higher block size limit – the argument surrounding Bitcoin’s block size limit was one of the most contentious points in the debate that led to the 2017 hard fork.