Bitcoin Gold Market Cap Hits $15.85 Million (BTG)

Bitcoin Gold (BTG) traded 2.8% lower against the US dollar during the 24 hour period ending at 10:00 AM ET on April 11th. Bitcoin Gold has a total market cap of $15.85 million and $20,623.63 worth of Bitcoin Gold was traded on exchanges in the last 24 hours. Over the last seven days, Bitcoin Gold has traded 9.4% higher against the US dollar. One Bitcoin Gold coin can currently be bought for approximately $0.91 or 0.00001094 BTC on major exchanges.

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

• Zcash (ZEC) traded 14.3% higher against the dollar and now trades at $36.50 or 0.00044127 BTC.
• Horizen (ZEN) traded up 6.9% against the dollar and now trades at $8.34 or 0.00010088 BTC.
• Pirate Chain (ARRR) traded down 0.1% against the dollar and now trades at $0.10 or 0.00000122 BTC.
• Komodo (KMD) traded up 3.5% against the dollar and now trades at $0.12 or 0.00000148 BTC.
• ZClassic (ZCL) traded up 1.6% against the dollar and now trades at $0.0709 or 0.00000086 BTC.

About Bitcoin Gold

Bitcoin Gold 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. Bitcoin Gold’s official website is btgofficial.org. Bitcoin Gold’s official message board is forum.bitcoingold.org. Bitcoin Gold’s official Twitter account is @bitcoingold and its Facebook page is accessible here.

According to CryptoCompare, “BTG is a cryptocurrency with Bitcoin fundamentals, mined on common GPUs instead of specialty ASICs. This type of equipment tends to monopolize mining to a few big players, but GPU mining means anyone can mine again – restoring decentralization and independence. GPU mining rewards go to individuals worldwide, instead of mostly to ASIC warehouse owners, recreating network effects that Bitcoin used to have.”

Buying and Selling Bitcoin Gold

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

BTG/USD price chart by TradingView