Bitcoin (BTC) One Day Trading Volume Tops $19.69 Billion

Bitcoin (BTC) traded 0% lower against the US dollar during the 1-day period ending at 8:00 AM ET on January 5th. Bitcoin has a total market capitalization of $1,938.29 billion and approximately $19.69 billion worth of Bitcoin was traded on exchanges in the last 24 hours. Over the last week, Bitcoin has traded up 3.2% against the US dollar. One Bitcoin coin can now be bought for approximately $97,863.83 on popular exchanges.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• Bitcoin Cash (BCH) traded down 1.7% against the dollar and now trades at $468.72 or 0.00479519 BTC.
• Arweave (AR) traded down 0.9% against the dollar and now trades at $19.18 or 0.00019621 BTC.
• Bitcoin SV (BSV) traded down 1.3% against the dollar and now trades at $56.60 or 0.00057907 BTC.
• eCash (XEC) traded down 0.9% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 0.4% higher against the dollar and now trades at $0.13 or 0.00000128 BTC.

Bitcoin Coin Profile

Bitcoin (CRYPTO:BTC) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It launched on July 13th, 2010. Bitcoin’s total supply is 19,806,018 coins. 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. Bitcoin’s official message board is bitcointalk.org. Bitcoin’s official Twitter account is @bitcoin and its Facebook page is accessible 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.”

Buying and Selling Bitcoin

Investors seeking to acquire Bitcoin using U.S. dollars directly can do so using Coinbase, GDAX or Gemini.

BTC/USD price chart by TradingView