Bitcoin Price Down 1.6% Over Last Week (BTC)

Bitcoin (BTC) traded 0.7% higher against the US dollar during the 1 day period ending at 16:00 PM Eastern on April 28th. Over the last week, Bitcoin has traded 1.6% lower against the US dollar. Bitcoin has a total market capitalization of $1,254.88 billion and approximately $531.68 million worth of Bitcoin was traded on exchanges in the last 24 hours. One Bitcoin coin can currently be bought for approximately $63,726.96 on exchanges.

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

• Bitcoin Cash (BCH) traded up 1.3% against the dollar and now trades at $481.14 or 0.00755005 BTC.
• Arweave (AR) traded up 7.5% against the dollar and now trades at $36.74 or 0.00057653 BTC.
• Bitcoin SV (BSV) traded up 0.4% against the dollar and now trades at $67.46 or 0.00105854 BTC.
• eCash (XEC) traded 0% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Syscoin (SYS) traded 0.3% higher against the dollar and now trades at $0.22 or 0.00000344 BTC.

Bitcoin 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 19,691,475 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. The official website for Bitcoin is bitcoin.org. Bitcoin’s official message board 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 acquire Bitcoin using U.S. dollars directly can do so using Coinbase, GDAX or Gemini.

BTC/USD price chart by TradingView