Bitcoin (BTC) Tops 1-Day Trading Volume of $35.26 Billion

Bitcoin (BTC) traded 5.7% lower against the U.S. dollar during the one day period ending at 15:00 PM ET on April 30th. Bitcoin has a total market cap of $1,168.34 billion and $35.26 billion worth of Bitcoin was traded on exchanges in the last day. One Bitcoin coin can now be bought for about $59,329.78 on exchanges. During the last week, Bitcoin has traded down 10.7% against the U.S. dollar.

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

• Bitcoin Cash (BCH) traded down 6.7% against the dollar and now trades at $428.49 or 0.00722220 BTC.
• Arweave (AR) traded 12.1% lower against the dollar and now trades at $30.22 or 0.00050931 BTC.
• Bitcoin SV (BSV) traded down 8.2% against the dollar and now trades at $59.22 or 0.00099816 BTC.
• eCash (XEC) traded down 6.4% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 11.3% lower against the dollar and now trades at $0.19 or 0.00000313 BTC.

Bitcoin Profile

Bitcoin 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 19,692,328 coins. Bitcoin’s official message board is bitcointalk.org. Bitcoin’s official website is bitcoin.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.

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 US dollars directly can do so using Coinbase, Gemini or Changelly.

BTC/USD price chart by TradingView