Bitcoin Price Tops $61,882.35 on Major Exchanges (BTC)

Bitcoin (BTC) traded down 1.3% against the U.S. dollar during the 24 hour period ending at 10:00 AM Eastern on July 2nd. In the last seven days, Bitcoin has traded 0.1% higher against the U.S. dollar. One Bitcoin coin can currently be purchased for about $61,882.35 on exchanges. Bitcoin has a market cap of $1,220.28 billion and approximately $22.70 billion worth of Bitcoin was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• Bitcoin Cash (BCH) traded 2.4% lower against the dollar and now trades at $378.42 or 0.00611513 BTC.
• Arweave (AR) traded down 2% against the dollar and now trades at $27.91 or 0.00045099 BTC.
• Bitcoin SV (BSV) traded down 0.3% against the dollar and now trades at $44.19 or 0.00071415 BTC.
• eCash (XEC) traded 1.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 0.9% lower against the dollar and now trades at $0.13 or 0.00000204 BTC.

Bitcoin Coin 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 19,719,287 coins. Bitcoin’s official Twitter account is @bitcoin and its Facebook page is accessible here. 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.

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 GDAX, Changelly or Coinbase.

BTC/USD price chart by TradingView