Bitcoin Gold (BTG) Price Down 6.9% This Week

Bitcoin Gold (BTG) traded down 2.3% against the U.S. dollar during the 1-day period ending at 7:00 AM ET on October 23rd. Over the last week, Bitcoin Gold has traded down 6.9% against the U.S. dollar. One Bitcoin Gold coin can now be bought for approximately $22.25 or 0.00033461 BTC on exchanges. Bitcoin Gold has a market capitalization of $389.64 million and approximately $160,677.85 worth of Bitcoin Gold was traded on exchanges in the last 24 hours.

Here is how related cryptocurrencies have performed over the last 24 hours:

  • Zcash (ZEC) traded up 0.4% against the dollar and now trades at $37.81 or 0.00056865 BTC.
  • Horizen (ZEN) traded down 2.5% against the dollar and now trades at $7.73 or 0.00011632 BTC.
  • Pirate Chain (ARRR) traded down 3.6% against the dollar and now trades at $0.17 or 0.00000257 BTC.
  • Komodo (KMD) traded down 3.9% against the dollar and now trades at $0.24 or 0.00000368 BTC.
  • ZClassic (ZCL) traded 1.3% lower against the dollar and now trades at $0.0565 or 0.00000085 BTC.

Bitcoin Gold Coin Profile

Bitcoin Gold (CRYPTO:BTG) is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. Its genesis date was October 25th, 2017. Bitcoin Gold’s total supply is 17,513,924 coins. The Reddit community for Bitcoin Gold is https://reddit.com/r/bitcoingoldhq and the currency’s Github account can be viewed here. The official website for Bitcoin Gold is bitcoingold.org. Bitcoin Gold’s official Twitter account is @bitcoingold and its Facebook page is accessible here. The official message board for Bitcoin Gold is forum.bitcoingold.org.

According to CryptoCompare, “Bitcoin Gold (BTG) is a digital currency that aims to decentralize the process of Bitcoin mining by utilizing GPU hardware, making it more accessible to a wider range of users. BTG is based on the original Bitcoin blockchain but incorporates a different mining algorithm, Equihash, to promote decentralization and prevent the concentration of mining power. BTG was created in 2017 as a fork of Bitcoin, and it maintains similar features such as a limited supply cap of 21 million coins. BTG can be used for peer-to-peer transactions, as well as for mining on GPU hardware to earn rewards for securing the network. BTG aims to provide a more decentralized and democratic approach to mining, empowering individual miners and promoting wider participation in the mining process.”

Bitcoin Gold Coin Trading

It is usually not currently possible to buy alternative cryptocurrencies such as Bitcoin Gold directly using US dollars. Investors seeking to acquire Bitcoin Gold should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Bitcoin Gold using one of the aforementioned exchanges.

Receive News & Updates for Bitcoin Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for Bitcoin Gold and related cryptocurrencies with MarketBeat.com's FREE CryptoBeat newsletter.