Bitcoin (BTC) Trading Up 4.9% Over Last Week

Bitcoin (BTC) traded 0.7% higher against the US dollar during the twenty-four hour period ending at 8:00 AM Eastern on March 26th. One Bitcoin coin can currently be bought for about $87,702.41 on cryptocurrency exchanges. Bitcoin has a total market capitalization of $1,740.21 billion and approximately $28.77 billion worth of Bitcoin was traded on exchanges in the last day. During the last week, Bitcoin has traded 4.9% higher against the US dollar.

Here’s how similar cryptocurrencies have performed during the last day:

• Arweave (AR) traded 0% higher against the dollar and now trades at $7.52 or 0.00008577 BTC.
• Bitcoin Cash (BCH) traded up 2.2% against the dollar and now trades at $336.58 or 0.00383770 BTC.
• Bitcoin SV (BSV) traded up 1.1% against the dollar and now trades at $35.29 or 0.00040235 BTC.
• eCash (XEC) traded 2.3% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 5.8% higher against the dollar and now trades at $0.0497 or 0.00000057 BTC.

Bitcoin Profile

BTC is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its genesis date was July 13th, 2010. Bitcoin’s total supply is 19,842,246 coins. Bitcoin’s official website is bitcoin.org. The official message board for Bitcoin is bitcointalk.org. 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.

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, Coinbase or GDAX.

BTC/USD price chart by TradingView