Bitcoin (BTC) Trading 0.9% Lower Over Last Week

Bitcoin (BTC) traded 2.6% lower against the US dollar during the twenty-four hour period ending at 8:00 AM ET on February 22nd. Bitcoin has a market capitalization of $1,920.76 billion and $3.72 billion worth of Bitcoin was traded on exchanges in the last 24 hours. One Bitcoin coin can now be bought for about $96,872.76 on cryptocurrency exchanges. Over the last week, Bitcoin has traded down 0.9% against the US dollar.

Here’s how related cryptocurrencies have performed over the last 24 hours:

• Bitcoin Cash (BCH) traded 3% lower against the dollar and now trades at $320.22 or 0.00330553 BTC.
• Bitcoin SV (BSV) traded down 4.3% against the dollar and now trades at $37.31 or 0.00038510 BTC.
• Arweave (AR) traded down 6.5% against the dollar and now trades at $9.52 or 0.00009832 BTC.
• eCash (XEC) traded 3.4% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 5.3% lower against the dollar and now trades at $0.0684 or 0.00000071 BTC.

Bitcoin Profile

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 19,827,640 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 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.”

Bitcoin Coin Trading

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

BTC/USD price chart by TradingView