Bitcoin Gold (BTG) is a fork of the original Bitcoin, which appeared on October 25, 2017. The split occurred at block 491407 of the original blockchain network.
What makes enthusiasts take a closer look at the Bitcoin Gold crypto price is the SegWit2x technology which is implemented in the new cryptocurrency in order to reduce commissions and transaction confirmation time.
Bitcoin Gold live price chart: what’s on it?
The Bitcoin Gold price now is trading at $19 with a 24-hour trading volume of $60,262,075. It is worth noting that the BTG to USD price is up 7% in the last 24 hours.
At the time of writing this analysis, there are 17,513,923 BTG in circulation. The largest exchanges trading the Bitcoin Gold coin price chart are:
- Huobi Global,
The maximum exchange rate of the Bitcoin Gold token price was 539.72 which took place on Oct 23, 2017.
The market capitalization is 332,761,508 US dollars, according to this indicator, the Bitcoin Gold coin price chart is in 97th place in the cryptocurrency rating.
Long-term Bitcoin Gold price prediction
The BTG USD chart above shows that the altcoin has performed badly over the past few months. At the same time, the Bitcoin Gold price now is also showing a bearish trend. If this trend continues, the Bitcoin Gold token price could go even lower, breaking through its $30 support level and dropping to the range of $25-20 per coin.
What will we see on the Bitcoin Gold price charts in the future?
The Wallet Investor service predicts a rise above $73 in October, and then a pullback to $64 in November. Steady growth in Bitcoin Gold crypto price up to $102.80 is expected by the end of the year.
Long-term prediction by Wallet Investor experts says that we will see the rise to $169.82 by the end of 2023. Then almost doubling by the end of 2025 to $368.96. The BTG to USD forecast for the end of the five-year period is $398.04.
The Bitcoin Gold price prediction from Digital Coin is not so bullish. The Bitcoin Gold live price chart is expected to rise to an average of $116.09 in 2022, up from $99.64 in 2021. By 2025, the average annual value will be $202.74. The average annual BTG USD value in 2028 is projected at $306.78 with a maximum of $327.06.
The Price Prediction website is very optimistic about the future Bitcoin Gold coin news, predicting an average value of $367.33 by 2025 and a further doubling every 2 years with a price of $2310.41 by 2030.
Bitcoin Gold coin news
The roadmap for the coming years focuses on 4 areas:
- interoperability with other blockchains;
- transition from centralized management to a decentralized autonomous organization (DAO) model;
- infrastructure upgrade;
- ensuring reliable and efficient operation of the Lightning network on the blockchain.
In the end, these changes will greatly influence the Bitcoin Gold price charts.