What currency is Bitcoin Gold (BTG)? Which exchanges is Bitcoin Gold listed on?

Bit Gold (BTG) was born on October 25, 2018 as a hard fork of Bitcoin with the purpose of creating a faster blockchain platform. It has similar technical characteristics, but the block size is increased to 2MB to increase transaction speed. Bitcoin Gold is currently listed on Binance, Huobi, OKEx and many other exchanges.

Bit Gold (BTG) currency introduction

Bit Gold (BTG) is a cryptocurrency that was born on October 25, 2018. It is the product of a hard fork of Bitcoin (BTC). Its purpose is to create a faster and more secure blockchain platform.

Bit Gold is technically similar to Bitcoin and uses the same mining algorithm and consensus mechanism. However, it made adjustments to the block size, increasing it from Bitcoin’s 1MB to 2MB in an effort to increase transaction processing speed. Additionally, Bitcoin Gold has implemented modifications to the difficulty adjustment algorithm to stabilize mining difficulty.

Bit Gold Listed Exchanges

Bit Gold has been listed on multiple cryptocurrency exchanges including:

• Binance
• Huobi
• OKEx
• Bittrex
• KuCoin
• Gate.io
• Poloniex
• HitBTC
• Bitfinex
• Kraken

Bitcoin Gold latest price, volume and market cap

As of 14:00 on July 30, 2024, Bitcoin Gold (BTG) is trading at $27.4098, Trading volume in the past 24 hours was $29.95 million. The currency currently has a circulating market capitalization of $480 million and a circulating supply of 17.51 ​​million.

Price Change Overview

The price of Bitcoin Gold fell by 0.23% in the last 24 hours. Despite short-term volatility, the currency has remained relatively stable over the past week and month.

Price Movement Factors

There are many factors that influence Bitcoin Gold price movements, including:

• Overall Cryptocurrency Market Trends: The price of Bitcoin Gold tends to follow the movements of the broader cryptocurrency market.
• Supply and Demand Dynamics: The amount of BTG in circulation and the demand to buy and sell the currency affects its price.
• Miner Activity: Bitcoin gold can be generated through mining. Miners selling their rewards also affects the supply and price of the currency.

Future Outlook

The price of Bitcoin Gold is likely to continue to remain stable in the short term. However, the cryptocurrency market is known for its volatility, and future movements can be difficult to predict. Investors should conduct their own research and exercise caution before investing in any cryptocurrency.

Recommendations

• Pay close attention to market trends: Before investing in Bitcoin Gold, keep a close eye on the overall cryptocurrency market trends.
• Assess your risk tolerance: Cryptocurrency is a risky investment, so please consider your risk tolerance before investing.
• Don’t invest more than you can afford: Only invest what you can afford to lose.

Short Term Forecast

In the short term, the price of Bitcoin Gold is likely to remain around current levels. However, given broader market trends, significant volatility cannot be ruled out.

Indicator

• Price: 27.4098 USD
• 24-hour trading volume: 29.95 million USD
• Circulating market capitalization: 480 million USD
• Circulating supply: 17.51 ​​million
• Maximum supply: 21 million

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