Bitcoin Trading 0.9% Higher This Week (BTC)

Bitcoin (BTC) traded up 0.8% against the U.S. dollar during the 24-hour period ending at 22:00 PM E.T. on August 10th. Bitcoin has a total market capitalization of $1,206.38 billion and approximately $14.60 billion worth of Bitcoin was traded on exchanges in the last day. One Bitcoin coin can currently be bought for approximately $61,118.84 on exchanges. During the last seven days, Bitcoin has traded 0.9% higher against the U.S. dollar.

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

• Bitcoin Cash (BCH) traded up 2% against the dollar and now trades at $354.92 or 0.00580713 BTC.
• Arweave (AR) traded down 1% against the dollar and now trades at $21.85 or 0.00035746 BTC.
• Bitcoin SV (BSV) traded up 3.3% against the dollar and now trades at $43.34 or 0.00070910 BTC.
• eCash (XEC) traded up 1.8% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 4.4% higher against the dollar and now trades at $0.0757 or 0.00000124 BTC.

Bitcoin 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 19,738,193 coins. Bitcoin’s official Twitter account is @bitcoin and its Facebook page is accessible here. The official message board for Bitcoin is bitcointalk.org. 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.

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 Changelly, Coinbase or Gemini.

BTC/USD price chart by TradingView