Bitcoin (BTC) 24-Hour Volume Hits $2.67 Billion

Bitcoin (BTC) traded 2.8% higher against the U.S. dollar during the 24-hour period ending at 16:00 PM Eastern on October 28th. Over the last seven days, Bitcoin has traded up 3.2% against the U.S. dollar. One Bitcoin coin can now be purchased for about $69,677.25 on cryptocurrency exchanges. Bitcoin has a total market cap of $1,377.82 billion and approximately $2.67 billion worth of Bitcoin was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed over the last day:

• Bitcoin Cash (BCH) traded up 4.1% against the dollar and now trades at $363.71 or 0.00521995 BTC.
• Arweave (AR) traded 2.7% lower against the dollar and now trades at $15.69 or 0.00022515 BTC.
• Bitcoin SV (BSV) traded up 10.3% against the dollar and now trades at $50.73 or 0.00072801 BTC.
• eCash (XEC) traded 6.2% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded down 1.6% against the dollar and now trades at $0.0983 or 0.00000141 BTC.

Bitcoin Coin 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 19,774,384 coins. The official message board for Bitcoin is bitcointalk.org. Bitcoin’s official Twitter account is @bitcoin and its Facebook page is accessible here. 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.

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

BTC/USD price chart by TradingView