Bitcoin Price Reaches $102,957.58 on Major Exchanges (BTC)

Bitcoin (BTC) traded down 0.3% against the dollar during the twenty-four hour period ending at 11:00 AM Eastern on November 13th. During the last week, Bitcoin has traded 0.1% higher against the dollar. One Bitcoin coin can now be bought for approximately $102,957.58 on popular cryptocurrency exchanges. Bitcoin has a market capitalization of $2.05 trillion and $2.87 billion worth of Bitcoin was traded on exchanges in the last 24 hours.

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

• Arweave (AR) traded 4.9% lower against the dollar and now trades at $4.84 or 0.00004703 BTC.
• Bitcoin Cash (BCH) traded 0.4% higher against the dollar and now trades at $529.85 or 0.00514633 BTC.
• Bitcoin SV (BSV) traded 2.9% lower against the dollar and now trades at $23.64 or 0.00022960 BTC.
• eCash (XEC) traded 2.1% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 7% lower against the dollar and now trades at $0.0281 or 0.00000027 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 19,948,012 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 message board for Bitcoin is bitcointalk.org. The official website for Bitcoin is bitcoin.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 trade Bitcoin using US dollars directly can do so using GDAX, Changelly or Coinbase.

BTC/USD price chart by TradingView