Bitcoin Price Down 3.4% This Week (BTC)

Bitcoin (BTC) traded 0.9% lower against the dollar during the one day period ending at 0:00 AM E.T. on June 20th. One Bitcoin coin can currently be bought for approximately $64,507.46 on exchanges. Bitcoin has a total market cap of $1,271.75 billion and approximately $25.93 billion worth of Bitcoin was traded on exchanges in the last day. During the last week, Bitcoin has traded 3.4% lower against the dollar.

Here is how related cryptocurrencies have performed during the last day:

• Bitcoin Cash (BCH) traded 0.9% higher against the dollar and now trades at $392.74 or 0.00608832 BTC.
• Arweave (AR) traded down 3.4% against the dollar and now trades at $25.63 or 0.00039727 BTC.
• Bitcoin SV (BSV) traded 1% higher against the dollar and now trades at $44.42 or 0.00068865 BTC.
• eCash (XEC) traded down 0.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded up 3.4% against the dollar and now trades at $0.13 or 0.00000196 BTC.

About Bitcoin

BTC is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its launch date was July 13th, 2010. Bitcoin’s total supply is 19,714,762 coins. The official website for Bitcoin is bitcoin.org. Bitcoin’s official Twitter account is @bitcoin and its Facebook page is accessible here. The Reddit community for Bitcoin is https://reddit.com/r/bitcoin and the currency’s Github account can be viewed here. Bitcoin’s official message board is bitcointalk.org.

According to CryptoCompare, “Bitcoin is a decentralized cryptocurrency that uses peer-to-peer technology and a blockchain to record transactions. It was created by Satoshi Nakamoto and the first block was mined on January 3, 2009. Bitcoin transactions are recorded on a blockchain, which is a distributed ledger that can be accessed by anyone to verify transactions. Transactions are verified by miners, who are rewarded with a set amount of Bitcoin and transaction fees. The supply of Bitcoin is limited to 21 million coins and it is divisible to eight decimal places. A wallet is needed to use Bitcoin and it consists of a public key, which is used to send and receive payments, and a private key, which is used to control the wallet. Bitcoin can be used for a variety of purposes, including everyday transactions, as a store of value, or for investment.”

Buying and Selling Bitcoin

Investors seeking to acquire Bitcoin using US dollars directly can do so using Coinbase, GDAX or Changelly.

BTC/USD price chart by TradingView