Bitcoin (BTC) Trading 0.9% Higher This Week

Bitcoin (BTC) traded down 0% against the US dollar during the 1-day period ending at 10:00 AM Eastern on August 4th. One Bitcoin coin can currently be purchased for approximately $63,646.57 on major cryptocurrency exchanges. In the last week, Bitcoin has traded up 0.9% against the US dollar. Bitcoin has a total market cap of $1.28 trillion and $973.34 million worth of Bitcoin was traded on exchanges in the last 24 hours.

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

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• Arweave (AR) traded 1.8% higher against the dollar and now trades at $1.81 or 0.00002849 BTC.
• Bitcoin Cash (BCH) traded up 1.1% against the dollar and now trades at $212.87 or 0.00334455 BTC.
• Bitcoin SV (BSV) traded 2.2% higher against the dollar and now trades at $12.84 or 0.00020177 BTC.
• eCash (XEC) traded down 0.3% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 2.5% lower against the dollar and now trades at $0.0018 or 0.00000003 BTC.

Bitcoin Profile

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 20,065,668 coins. The official message board for Bitcoin is bitcointalk.org. 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.

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 Gemini, Changelly or Coinbase.

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