Bitcoin Cash
ATH / ATL
24h Price
24h summary
Over the last 24 hours, Bitcoin Cash moved from $215.1 to $213. The session high was $216.4, the low was $209.3, and the intraday range was $7.1 / 3.3%.
- 24h open
- $215.1
- 24h close
- $213
- 24h high
- $216.4
- 24h low
- $209.3
- Volatility / range
- $7.1 / 3.3%
- Updated
Monthly Returns heatmap
Heatmap summary
Bitcoin Cash posted 38 positive months out of 81. The longest positive streak lasted 7 months, while the longest negative streak lasted 4 months.
- Strongest month
- Jun 2023 +168.5%
- Weakest month
- Jun 2022 -49.6%
- Longest positive streak
- 7 Oct 2020 — Apr 2021
- Longest negative streak
- 4 Feb 2023 — May 2023
- Luckiest calendar month
- Mar • avg 17.5% • 7 mo.
- Unluckiest calendar month
- May • avg -11% • 7 mo.
Networks
Supported exchanges
About the coin
Bitcoin Cash (BCH) is a cryptocurrency that emerged from a hard fork of the Bitcoin blockchain in August 2017. The primary motivation behind its creation was to address perceived limitations in Bitcoin's scalability and transaction processing capabilities.
The core objective of Bitcoin Cash was to enable larger block sizes, thereby allowing for more transactions to be processed per block. This change aimed to reduce transaction fees and increase transaction speeds, making the network more suitable for everyday peer-to-peer electronic cash transactions.
Bitcoin Cash operates on its own independent blockchain, distinct from Bitcoin. While it shares a common history with Bitcoin up to the point of the fork, its development path and network rules have since diverged. This means that transactions on the Bitcoin Cash network are not validated on the Bitcoin network, and vice versa.
The native blockchain of Bitcoin Cash is simply referred to as 'Bitcoin Cash'. On this native chain, the cryptocurrency functions as a digital currency with 8 decimal places, meaning one unit can be divided into 100,000,000 satoshis, similar to Bitcoin.
Beyond its native chain, Bitcoin Cash also exists as a token on other blockchain networks. This allows for greater interoperability and accessibility for users within those ecosystems.
One such network is the BNB Smart Chain (BSC). Here, Bitcoin Cash is represented as a BEP-20 token. The contract address for BCH on BNB Smart Chain is 0x8ff795a6f4d97e7887c79bea79aba5cc76444adf. Tokens on BSC typically have 18 decimal places, allowing for finer divisions.
Another prominent network where Bitcoin Cash is available as a token is the Ethereum network. On Ethereum, BCH is an ERC-20 token, with the contract address being 0x85c4edc43724e954e5849caaab61a26a9cb65f1b. Similar to BSC, these ERC-20 tokens also feature 18 decimal places.
The existence of BCH on multiple chains like BNB Smart Chain and Ethereum provides users with flexibility. They can choose to hold or transact BCH within these alternative ecosystems, potentially leveraging the unique features or lower fees offered by those networks for specific use cases.
The 'token_standard' field indicates the specific protocol followed for these tokens on their respective chains, such as BEP-20 for BNB Smart Chain and ERC-20 for Ethereum. These standards ensure compatibility with the wallets and decentralized applications (dApps) operating on those blockchains.
Bitcoin Cash is classified as an active cryptocurrency, meaning it is currently in operation and development. Its status as 'active' suggests ongoing network maintenance, updates, and community engagement.
It is important to note that Bitcoin Cash is not a stablecoin. Unlike stablecoins, which are designed to maintain a stable value pegged to another asset like a fiat currency, the value of BCH is subject to market fluctuations and volatility.
The 'slug' 'bch' is a unique identifier commonly used in URLs and internal systems to refer to Bitcoin Cash.
The 'symbol' for Bitcoin Cash is BCH, which is the widely recognized ticker used in exchanges and trading platforms.
In summary, Bitcoin Cash is a cryptocurrency focused on peer-to-peer electronic cash with a larger block size for enhanced scalability. It maintains its own native blockchain and also exists as a token on popular networks like BNB Smart Chain and Ethereum, offering users diverse options for interaction and utility.
Trust & methodology
Last updated:
Data source: Price and volume snapshots are sourced from Binance using the BCHUSDT market feed.
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