Last Updated on 29 June 2022 by CryptoTips.eu
Bitcoin Cash Price
Read everything about the Bitcoin Cash Price.
Follow the Bitcoin Cash price in euro
Thanks to our partner Bitvavo, you can see the current Bitcoin Cash value in the graph above. The graph shows Bitcoin Cash’s performance over the last 24 hours, expressed as a percentage. Cryptocurrency trading never stops and continues 24/7. Traditional shares take a break in the evenings, weekends and holidays, but cryptocurrency does not.
The graph is interactive and you can request different information. For example, the Bitcoin Cash price over the past 7 days or the past 30 days. By clicking YTD (Year to Date), you can view the price from the beginning of the current year. Click ALL to view the full history since the first listing in 2017.
The widget not only allows you to view the price, but you can also buy Bitcoin Cash directly. Enter a quantity and you’ll immediately see what the amount of service cost is and how much you’re paying for it. We work with Bitvavo because it is the cheapest exchange in Europe. They charge a maximum of 0.25% for every transaction.
BCH price in euros and dollars
In the graph below you can see additional information about the BCH price. Think of the performance over the past week and month expressed as a percentage, the current market capitalization and the highest and lowest price of the past 24 hours.
Click on EUR or USD to switch between euro and dollar.
Note: the price can differ a few Euros with the BCH price at the top of the page. This has to do with the fact that two different suppliers provide the data.
The history of Bitcoin Cash’s price
Bitcoin Cash or BCH was created because of a battle between lovers of the original Bitcoin. One camp felt that the limited capacity behind the original cryptocurrency was not good enough and wanted to replace it with larger transaction blocks for the blockchain.
The other camp didn’t think anything should be changed from Satoshi Nakamoto’s original explanation, and that is how two camps were formed.
On 1 August 2017, there was a split between Bitcoin and Bitcoin Cash, in other words, there was a hard fork. In this case, the blockchain was split and two coins were created. Since then, both coins have operated separately from each other. Both camps can make their adjustments to the new coins. The big difference lies in the transaction block size, which is much larger for Bitcoin Cash.
Bitcoin Cash started its first listing with 375 euros. Everyone who owned Bitcoin during the hard fork got the same amount of Bitcoin Cash. For example, if you had 1 BTC before the hard fork, you would own 1 BTC and 1 BCH after the hard fork. Since then, hard forks have been very popular in the crypto world, but no other forks have been as successful in terms of price.
The Bitcoin Cash price has broadly followed Bitcoin ever since. During the bull run at the end of 2017/early 2018, the BCH price rose tremendously, fell back in 2018, and stabilized in 2019.
In 2018, there was also disagreement in the BCH camp and another hard fork was triggered. This created Bitcoin ABC (that we now know as Bitcoin Cash) and Bitcoin SV that we know from Craig Wright.
Although the price stabilized in 2019, the blockchain was still being worked on. For example, a new network update was prepared, and the team received an investment of 200 million dollars.
Since early 2020 it looks very good again, but of course, this is no guarantee for the future.
Bitcoin Cash historical prices
In the table below, you can see the historic Bitcoin Cash prices in euros for the past week..
How is the Bitcoin Cash price established?
The Bitcoin Cash price is determined by the balance between buyers and sellers of this cryptocurrency. If there are more buyers than sellers, the price goes up, and vice versa, it goes down. This is how it works for all cryptocurrencies, but also stocks and commodities.
The buyers and sellers in turn are influenced by various factors, such as news, events, (upcoming) events and for example hacks. With fear, more people will sell, but with positive news, more people will enter.
The BCH price that we show on this website is the average of all exchanges, so the price can be different on the exchange where you trade. In general, this is not more than a few percent, and the price is almost equal to well-known exchanges such as Binance.
Bitcoin Cash price prediction
A price prediction for Bitcoin Cash is only an expectation and no one is 100% sure. As mentioned earlier, the price depends on several factors, over which you don’t always have influence.
For example, Bitcoin Cash’s hard fork has been very bad for the price, and investors can’t do anything to stop it. Also, you couldn’t have known beforehand that the Bitcoin Cash value would react so hard.
It is up to Bitcoin Cash and all other cryptocurrencies to be seen as an ordinary asset class, part of investments that even the bigger players like banks and pension funds can choose. With the announcement of a possible IPO for Ripple later in 2020, this acceptance already started.
The fact that the new President of the European Central Bank is a fan of crypto can only help. If the ECB says crypto is acceptable then you can expect the whole crypto market to be in a good light, but of course, nothing is 100% certain.
What do you need to take into account with the Bitcoin Cash price?
If you are someone with a sense of adventure and a desire to discover new things, then cryptocurrency might be for you. If you want to know what your investment is doing every day, and you’re worried about heavy currency fluctuations, investing in something else might be a better idea.
Since crypto is still quite new, the prices are going up and down fast. The price volatility as it is called is very high. So, keep in mind that the Bitcoin Cash price will move quite a lot and quickly, and remember our motto: never put more money in it than you are willing to lose.
How to invest in Bitcoin Cash?
In our knowledge base and the menus at the top of our pages, you’ll find a lot of information that will help you make a good choice before you start investing.
For example, we suggest a page explaining where to buy Bitcoin Cash. That way, you can make your own choices. First, do some good research, then choose a broker and weigh up the pros and cons of each currency and investment.
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