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Bitcoin Gold (BTG) Price Reaches $14.68

Financial News Live ·  Apr 27, 2023 13:43

Bitcoin Gold (BTG) traded 0.7% lower against the US dollar during the 24-hour period ending at 13:00 PM ET on April 27th. Bitcoin Gold has a market cap of $257.08 million and approximately $2.30 million worth of Bitcoin Gold was traded on exchanges in the last 24 hours. In the last seven days, Bitcoin Gold has traded 3.3% lower against the US dollar. One Bitcoin Gold coin can now be bought for $14.68 or 0.00050215 BTC on popular cryptocurrency exchanges.

Here's how similar cryptocurrencies have performed in the last 24 hours:

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  • Zcash (ZEC) traded up 0.5% against the dollar and now trades at $38.35 or 0.00131179 BTC.
  • Horizen (ZEN) traded down 3.4% against the dollar and now trades at $9.83 or 0.00033618 BTC.
  • Pirate Chain (ARRR) traded down 4% against the dollar and now trades at $0.34 or 0.00001146 BTC.
  • Komodo (KMD) traded down 2.7% against the dollar and now trades at $0.35 or 0.00001184 BTC.
  • Bitcoin Private (BTCP) traded 1.9% lower against the dollar and now trades at $0.32 or 0.00001104 BTC.
  • ZClassic (ZCL) traded up 1.4% against the dollar and now trades at $0.0462 or 0.00000158 BTC.

Bitcoin Gold Profile

Bitcoin Gold (BTG) is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. It was first traded on October 25th, 2017. Bitcoin Gold's total supply is 17,513,924 coins. The Reddit community for Bitcoin Gold is 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. Bitcoin Gold's official message board is forum.bitcoingold.org. Bitcoin Gold's official website is 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."

Buying and Selling Bitcoin Gold

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 Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Coinbase or Changelly. 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

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Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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