Bitcoin Tops 24 Hour Trading Volume of $44.93 Billion (BTC)

Bitcoin (BTC) traded 4.7% higher against the US dollar during the 1-day period ending at 23:00 PM ET on April 19th. One Bitcoin coin can currently be purchased for $63,931.97 on cryptocurrency exchanges. Bitcoin has a total market capitalization of $1,258.66 billion and $44.93 billion worth of Bitcoin was traded on exchanges in the last day. During the last week, Bitcoin has traded down 3.9% against the US dollar.

Here’s how other cryptocurrencies have performed during the last day:

• Bitcoin Cash (BCH) traded 5.7% higher against the dollar and now trades at $477.17 or 0.00746371 BTC.
• Arweave (AR) traded up 21.6% against the dollar and now trades at $28.13 or 0.00044002 BTC.
• Bitcoin SV (BSV) traded up 6.5% against the dollar and now trades at $66.09 or 0.00103371 BTC.
• eCash (XEC) traded 7.1% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Syscoin (SYS) traded up 26.4% against the dollar and now trades at $0.26 or 0.00000404 BTC.

Bitcoin Coin Profile

Bitcoin (BTC) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It was first traded on July 13th, 2010. Bitcoin’s total supply is 19,687,518 coins. Bitcoin’s official message board is bitcointalk.org. 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.

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, Changelly or GDAX.

BTC/USD price chart by TradingView