Bitcoin Hits 24-Hour Volume of $18.14 Billion (BTC)

Bitcoin (BTC) traded up 1.1% against the US dollar during the one day period ending at 0:00 AM Eastern on September 7th. During the last week, Bitcoin has traded 7% lower against the US dollar. One Bitcoin coin can currently be purchased for approximately $54,389.07 on exchanges. Bitcoin has a market cap of $1,074.25 billion and $18.14 billion worth of Bitcoin was traded on exchanges in the last 24 hours.

Here’s how other cryptocurrencies have performed during the last 24 hours:

• Bitcoin Cash (BCH) traded 3% higher against the dollar and now trades at $304.45 or 0.00559772 BTC.
• Arweave (AR) traded 0.1% lower against the dollar and now trades at $20.15 or 0.00037045 BTC.
• Bitcoin SV (BSV) traded 0.2% lower against the dollar and now trades at $44.19 or 0.00081241 BTC.
• eCash (XEC) traded up 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded up 7.1% against the dollar and now trades at $0.10 or 0.00000192 BTC.

Bitcoin Profile

Bitcoin (CRYPTO:BTC) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It was first traded on July 13th, 2010. Bitcoin’s total supply is 19,751,234 coins. The official website for Bitcoin is bitcoin.org. The Reddit community for Bitcoin is https://reddit.com/r/bitcoin and the currency’s Github account can be viewed here. Bitcoin’s official Twitter account is @bitcoin and its Facebook page is accessible 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.”

Bitcoin Coin Trading

Investors seeking to trade Bitcoin using U.S. dollars directly can do so using Coinbase, GDAX or Gemini.

BTC/USD price chart by TradingView