Bitcoin Gold (BTG) Market Capitalization Achieves $20.24 Million

Bitcoin Gold (BTG) traded up 93.5% against the US dollar during the 24-hour period ending at 9:00 AM Eastern on January 28th. In the last week, Bitcoin Gold has traded up 8.1% against the US dollar. Bitcoin Gold has a market cap of $20.24 million and approximately $1.53 thousand worth of Bitcoin Gold was traded on exchanges in the last 24 hours. One Bitcoin Gold coin can now be purchased for about $1.16 or 0.00001284 BTC on cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed in the last 24 hours:

• Zcash (ZEC) traded up 1.2% against the dollar and now trades at $384.83 or 0.00427407 BTC.
• Horizen (ZEN) traded 0.5% higher against the dollar and now trades at $9.07 or 0.00010076 BTC.
• Pirate Chain (ARRR) traded up 0.3% against the dollar and now trades at $0.44 or 0.00000485 BTC.
• Komodo (KMD) traded up 2.5% against the dollar and now trades at $0.0346 or 0.00000038 BTC.
• ZClassic (ZCL) traded up 41.9% against the dollar and now trades at $0.26 or 0.00000292 BTC.

Bitcoin Gold Profile

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

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 trade Bitcoin Gold should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Bitcoin Gold using one of the exchanges listed above.

BTG/USD price chart by TradingView