Bitcoin Trading Up 7.4% This Week (BTC)

Bitcoin (BTC) traded 0.5% higher against the US dollar during the twenty-four hour period ending at 18:00 PM Eastern on October 15th. During the last seven days, Bitcoin has traded up 7.4% against the US dollar. Bitcoin has a market capitalization of $1,320.49 billion and $3.47 billion worth of Bitcoin was traded on exchanges in the last day. One Bitcoin coin can now be purchased for about $66,798.67 on popular exchanges.

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

• Bitcoin Cash (BCH) traded down 2.5% against the dollar and now trades at $352.88 or 0.00528176 BTC.
• Arweave (AR) traded 3.9% lower against the dollar and now trades at $19.63 or 0.00029387 BTC.
• Bitcoin SV (BSV) traded down 1.3% against the dollar and now trades at $49.16 or 0.00073582 BTC.
• eCash (XEC) traded 1.3% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded down 2.4% against the dollar and now trades at $0.10 or 0.00000155 BTC.

Bitcoin Profile

Bitcoin (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 19,768,159 coins. Bitcoin’s official message board is bitcointalk.org. The Reddit community for Bitcoin is https://reddit.com/r/bitcoin and the currency’s Github account can be viewed here. The official website for Bitcoin is bitcoin.org. Bitcoin’s official Twitter account is @bitcoin and its Facebook page is accessible 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 trade Bitcoin using U.S. dollars directly can do so using GDAX, Coinbase or Changelly.

BTC/USD price chart by TradingView