Bitcoin Trading 12.4% Lower This Week (BTC)

Bitcoin (BTC) traded 3.8% lower against the U.S. dollar during the 24 hour period ending at 0:00 AM Eastern on April 17th. In the last week, Bitcoin has traded 12.4% lower against the U.S. dollar. Bitcoin has a market capitalization of $1,215.99 billion and $42.42 billion worth of Bitcoin was traded on exchanges in the last 24 hours. One Bitcoin coin can now be bought for approximately $61,769.97 on cryptocurrency exchanges.

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

• Bitcoin Cash (BCH) traded 2.6% lower against the dollar and now trades at $475.13 or 0.00769193 BTC.
• Arweave (AR) traded down 2% against the dollar and now trades at $24.44 or 0.00039564 BTC.
• Bitcoin SV (BSV) traded down 2.2% against the dollar and now trades at $65.86 or 0.00106623 BTC.
• eCash (XEC) traded down 4.1% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Syscoin (SYS) traded 4.3% lower against the dollar and now trades at $0.21 or 0.00000344 BTC.

Bitcoin Coin Profile

BTC is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its genesis date was July 13th, 2010. Bitcoin’s total supply is 19,685,775 coins. Bitcoin’s official Twitter account is @bitcoin and its Facebook page is accessible here. 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. 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 acquire Bitcoin using U.S. dollars directly can do so using Gemini, Changelly or Coinbase.

BTC/USD price chart by TradingView