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Bitcoin Gold (BTG) Price Tops $13.89 on Exchanges

Financial News Live ·  May 3, 2023 23:45

Bitcoin Gold (BTG) traded 0.3% lower against the dollar during the 1 day period ending at 11:00 AM Eastern on May 3rd. One Bitcoin Gold coin can currently be bought for about $13.89 or 0.00049110 BTC on cryptocurrency exchanges. In the last seven days, Bitcoin Gold has traded down 6.6% against the dollar. Bitcoin Gold has a market capitalization of $243.34 million and approximately $1.42 million worth of Bitcoin Gold was traded on exchanges in the last day.

Here's how related cryptocurrencies have performed in the last day:

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  • Zcash (ZEC) traded down 1.4% against the dollar and now trades at $36.38 or 0.00128590 BTC.
  • Horizen (ZEN) traded down 2.5% against the dollar and now trades at $9.21 or 0.00032568 BTC.
  • Pirate Chain (ARRR) traded up 0.9% against the dollar and now trades at $0.32 or 0.00001131 BTC.
  • Komodo (KMD) traded up 0.9% against the dollar and now trades at $0.32 or 0.00001147 BTC.
  • Bitcoin Private (BTCP) traded down 19.8% against the dollar and now trades at $0.24 or 0.00000860 BTC.
  • ZClassic (ZCL) traded up 0.5% against the dollar and now trades at $0.0461 or 0.00000163 BTC.

Bitcoin Gold Profile

Bitcoin Gold 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 official website for Bitcoin Gold is bitcoingold.org. Bitcoin Gold's official Twitter account is @bitcoingold and its Facebook page is accessible here. The Reddit community for Bitcoin Gold is and the currency's Github account can be viewed 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 presently 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 Gemini, Coinbase or Changelly. 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

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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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