Bitcoin Gold: A Comprehensive Overview
All-Time High and Current Valuation
Bitcoin Gold (BTG) had its all-time high of 53972. However, it is currently valued at 4917 BTG. This represents a difference of 9089 below its peak value.
Circulating Supply and Market Cap
The current circulating supply of Bitcoin Gold is 17513923589 BTG. With this circulation, BTG has a total market cap of 86143802134.
24-Hour Trading Activity
The volume of Bitcoin Gold traded in the last 24 hours has increased by 2316178314, representing a notable 7569 increase. This surge in trading activity indicates growing interest and demand for BTG.
Exchange Rate and Market Trends
The exchange rate of Bitcoin Gold is currently increasing, with its value rising to 4917 USD per BTG. This positive trend suggests that investors are optimistic about BTG's future prospects.
Key Statistics
- Current Price: 4332 USD
- 24-Hour Trading Volume: 42363258 USD
- Market Cap: 78951M USD
- Rank: 127
Background and Development
Bitcoin Gold (BTG) is a cryptocurrency that originated as a hard fork of Bitcoin in October 2017. It was created by a group of developers who aimed to decentralize the mining process by making it accessible to individuals using common GPUs (graphics processing units) instead of specialized ASICs (application-specific integrated circuits).
Coinbase, a popular cryptocurrency exchange, did not airdrop BTG tokens to Bitcoin holders when it was released. This decision led to a lawsuit against Coinbase by Bitcoin Gold developers. However, the ruling was in favor of Coinbase.
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