Bitcoin (BTC) 24-Hour Volume Hits $922.82 Million

Bitcoin (BTC) traded up 0.7% against the US dollar during the twenty-four hour period ending at 19:00 PM Eastern on September 7th. Over the last week, Bitcoin has traded 8.6% lower against the US dollar. Bitcoin has a total market cap of $1,065.31 billion and approximately $922.82 million worth of Bitcoin was traded on exchanges in the last 24 hours. One Bitcoin coin can currently be purchased for about $53,936.96 on major exchanges.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• Bitcoin Cash (BCH) traded 1.3% higher against the dollar and now trades at $298.05 or 0.00552522 BTC.
• Arweave (AR) traded 3.5% lower against the dollar and now trades at $19.49 or 0.00036138 BTC.
• Bitcoin SV (BSV) traded down 1.9% against the dollar and now trades at $43.97 or 0.00081514 BTC.
• eCash (XEC) traded 1.2% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 3.4% higher against the dollar and now trades at $0.10 or 0.00000189 BTC.

Bitcoin Coin Profile

Bitcoin 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 19,751,093 coins. Bitcoin’s official website 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. The official message board for Bitcoin 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 Changelly, Gemini or Coinbase.

BTC/USD price chart by TradingView