Bitcoin Price Hits $64,361.86 (BTC)

Bitcoin (BTC) traded 1.5% higher against the dollar during the 1 day period ending at 16:00 PM Eastern on September 24th. One Bitcoin coin can currently be bought for approximately $64,361.86 on exchanges. Bitcoin has a market cap of $1,271.69 billion and $1.85 billion worth of Bitcoin was traded on exchanges in the last 24 hours. In the last seven days, Bitcoin has traded up 7.5% against the dollar.

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

• Bitcoin Cash (BCH) traded 1.4% higher against the dollar and now trades at $346.98 or 0.00539109 BTC.
• Arweave (AR) traded up 2.2% against the dollar and now trades at $22.99 or 0.00035720 BTC.
• Bitcoin SV (BSV) traded 0.7% higher against the dollar and now trades at $49.34 or 0.00076660 BTC.
• eCash (XEC) traded up 0.7% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded up 2.3% against the dollar and now trades at $0.11 or 0.00000175 BTC.

Bitcoin Coin Profile

Bitcoin 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 19,758,459 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. 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.”

Buying and Selling Bitcoin

Investors seeking to trade Bitcoin using US dollars directly can do so using GDAX, Gemini or Coinbase.

BTC/USD price chart by TradingView