Bitcoin Gold (BTG) Trading Up 149.1% Over Last 7 Days

Bitcoin Gold (BTG) traded up 109.5% against the dollar during the 1 day period ending at 10:00 AM Eastern on January 12th. Bitcoin Gold has a market cap of $25.22 million and $1.34 thousand worth of Bitcoin Gold was traded on exchanges in the last 24 hours. Over the last seven days, Bitcoin Gold has traded 149.1% higher against the dollar. One Bitcoin Gold coin can now be purchased for about $1.44 or 0.00001586 BTC on exchanges.

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

• Zcash (ZEC) traded 2.1% higher against the dollar and now trades at $400.29 or 0.00440989 BTC.
• Horizen (ZEN) traded 2.1% lower against the dollar and now trades at $8.78 or 0.00009669 BTC.
• Pirate Chain (ARRR) traded up 32.3% against the dollar and now trades at $0.29 or 0.00000325 BTC.
• Komodo (KMD) traded 0% higher against the dollar and now trades at $0.0252 or 0.00000028 BTC.
• ZClassic (ZCL) traded up 0% against the dollar and now trades at $0.31 or 0.00000343 BTC.

Bitcoin Gold Coin Profile

Bitcoin Gold (BTG) is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. It launched on October 25th, 2017. Bitcoin Gold’s total supply is 17,513,924 coins. Bitcoin Gold’s official message board is forum.bitcoingold.org. The official website for Bitcoin Gold is btgofficial.org. Bitcoin Gold’s official Twitter account is @bitcoingold and its Facebook page is accessible here. The Reddit community for Bitcoin Gold is https://reddit.com/r/bitcoingoldhq and the currency’s Github account can be viewed 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 presently possible to buy alternative cryptocurrencies such as Bitcoin Gold directly using US dollars. Investors seeking to trade Bitcoin Gold should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Bitcoin Gold using one of the exchanges listed above.

BTG/USD price chart by TradingView