Bitcoin Gold (BTG) is the second fork from Bitcoin (i.e. the second version to stem from Bitcoin’s source code) after Bitcoin Cash. The Bitcoin Gold fork occurred on 24th of October 2017, at block height 491,407. It does retain Bitcoin’s transaction history, meaning if you owned Bitcoins before the fork, you now own the equal amount of Bitcoin Gold. This cryptocurrency aims to introduce an alternative mining algorithm that is less susceptible to ASIC-based optimisation, therefore allowing users to earn more with their computer cycles.
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Yet another Bitcoin offspring that did not have a very promising start; Immediately after its launch in late October, it’s website had to force a shutdown after a DDOS attack. Obligating the Bitcoin Gold price to decline substantially. According to finance leaders CoinMarketCap, Bitcoin Gold started trading at $479 at 20:00 UTC by 16:11 UTC plummeted to $274.44.
Besides their website being offline, another reason for the devastating decline was predominantly by fault of the lack of support from the Bitcoin community.
It is an extremely volatile asset and continues to dance among the bulls and the bears:
AvaTrade offers you the opportunity to BUY (go long) or SELL (go short) on all Bitcoin Gold trades, so you can use your preferred trading strategies regardless of which way the currency is moving.
We encourage you to learn more about Bitcoin Gold trading by visiting our trading conditions & charges page. Please note: The cryptocurrencies market’s high volatility offers endless trading opportunities.
# | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
1 | BTC | Bitcoin predictions | 86% | 27 | $64 550.89 | -3.28% | 4.99% | $1 270 993 156 805 | ||
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2 | ETH | Ethereum predictions | 76.8% | 50 | $3 156.32 | -2.25% | 5.56% | $385 219 360 722 | ||
3 | USDT | Tether predictions | 96% | 1 | $0.999752 | -0.04% | -0.02% | $110 436 081 070 | ||
4 | BNB | Binance Coin predictions | 89.6% | 18 | $607.01 | 0.17% | 13.33% | $89 588 025 612 | ||
5 | SOL | Solana predictions | 66.8% | 65 | $148.82 | -4.98% | 12.81% | $66 530 733 328 | ||
6 | USDC | USD Coin predictions | 95.6% | 2 | $1.000243 | 0.02% | 0.03% | $33 417 560 063 | ||
7 | XRP | XRP predictions | 70% | 58 | $0.529426 | -2.75% | 7.32% | $29 186 798 387 | ||
8 | DOGE | Dogecoin predictions | 69.6% | 60 | $0.152407 | -5.13% | 3.96% | $21 950 022 142 | ||
9 | TON | Toncoin predictions | 68% | 65 | $5.60 | -2.88% | -7.35% | $19 431 013 654 | ||
10 | ADA | Cardano predictions | 67.2% | 64 | $0.478446 | -4.94% | 7.90% | $17 048 898 528 | ||
11 | SHIB | SHIBA INU predictions | 62.8% | 79 | $0.000026 | -3.72% | 17.46% | $15 257 993 787 | ||
12 | AVAX | Avalanche predictions | 68.8% | 62 | $36.59 | -5.46% | 9.50% | $13 832 555 272 | ||
13 | STETH | Lido stETH predictions | 92.4% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 | ||
14 | WBTC | Wrapped Bitcoin predictions | 82.4% | 26 | $64 545.51 | -3.17% | 5.30% | $10 029 322 990 | ||
15 | DOT | Polkadot predictions | 70.8% | 64 | $6.98 | -4.09% | 6.27% | $10 025 813 544 |
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