Bitcoin Cash’s price today is 298.75 USD, with a 24-hour trading volume of 5.24 B USD. BCH is down -12.89% in the last 24 hours.
It is currently -24.41% from its 7-day all-time high of 395.22 USD, and 1.89% from its 7-day all-time low of 293.20 USD. BCH has a circulating supply of 18.96 M BCH and a max supply of 21.00 M BCH.
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.
Key Bitcoin Cash features:
- Created as a result of a Bitcoin fork in 2017
- Differs from Bitcoin by using a different approach to scaling
- Uses a proof-of-work consensus mechanism