USD/BCH: what to know
The USD/BCH rate shows how much BCH you get for 1 USD. Right now, 1 USD buys 0.003891 BCH at the mid-market rate. In the other direction, 1 BCH is worth 257.0200 USD.
In the short term USD is driven mainly by Fed policy, US growth and global risk appetite, while BCH responds to crypto-market sentiment.
The US Dollar (USD) is issued by Federal Reserve (Fed). Most of the world’s central-bank reserves are held in US dollars. Bitcoin Cash split from Bitcoin in 2017 to enable cheaper, faster transactions.
Over the past 12 months the USD/BCH rate has ranged between 0.001528 and 0.005259 — a change of +128.73% versus a year ago.
Because this pair involves a cryptocurrency, expect much higher volatility than typical fiat pairs. Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.