Bitcoin (BTC) Price Tops $65,640.71

Bitcoin (BTC) traded 0.2% higher against the U.S. dollar during the 1-day period ending at 9:00 AM E.T. on September 29th. During the last week, Bitcoin has traded 4.5% higher against the U.S. dollar. One Bitcoin coin can currently be purchased for about $65,640.71 on major cryptocurrency exchanges. Bitcoin has a total market capitalization of $1,297.09 billion and approximately $13.85 billion worth of Bitcoin was traded on exchanges in the last day.

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

• Bitcoin Cash (BCH) traded down 1.2% against the dollar and now trades at $346.62 or 0.00528061 BTC.
• Arweave (AR) traded 4.6% lower against the dollar and now trades at $21.34 or 0.00032514 BTC.
• Bitcoin SV (BSV) traded down 0.9% against the dollar and now trades at $51.08 or 0.00077824 BTC.
• eCash (XEC) traded 1.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded down 4.5% against the dollar and now trades at $0.11 or 0.00000168 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 19,760,490 coins. Bitcoin’s official website is bitcoin.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 Twitter account is @bitcoin and its Facebook page is accessible here. The official message board for Bitcoin is bitcointalk.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 U.S. dollars directly can do so using Coinbase, GDAX or Gemini.

BTC/USD price chart by TradingView