Bitcoin Price Tops $60,294.72 on Top Exchanges (BTC)

Bitcoin (BTC) traded down 2.6% against the dollar during the 1 day period ending at 11:00 AM ET on October 3rd. Bitcoin has a market capitalization of $1,191.57 billion and approximately $3.52 billion worth of Bitcoin was traded on exchanges in the last day. One Bitcoin coin can now be purchased for $60,294.72 on cryptocurrency exchanges. During the last seven days, Bitcoin has traded down 6.6% against the dollar.

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

  • Bitcoin Cash (BCH) traded 0.9% lower against the dollar and now trades at $315.36 or 0.00523409 BTC.
  • Arweave (AR) traded 8.3% lower against the dollar and now trades at $17.72 or 0.00029412 BTC.
  • Bitcoin SV (BSV) traded down 2.8% against the dollar and now trades at $44.20 or 0.00073358 BTC.
  • eCash (XEC) traded down 0.3% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Syscoin (SYS) traded down 5.6% against the dollar and now trades at $0.0904 or 0.00000150 BTC.

About Bitcoin

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 19,762,375 coins. 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. The official message board for Bitcoin is bitcointalk.org. Bitcoin’s official website is bitcoin.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 US dollars directly can do so using Changelly, GDAX or Gemini.

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