Bitcoin Reaches Market Capitalization of $1,141.57 Billion (BTC)

Bitcoin (BTC) traded 1.4% higher against the US dollar during the one day period ending at 15:00 PM E.T. on September 10th. During the last seven days, Bitcoin has traded down 0.2% against the US dollar. Bitcoin has a total market cap of $1,141.57 billion and $31.14 billion worth of Bitcoin was traded on exchanges in the last 24 hours. One Bitcoin coin can now be purchased for about $57,793.80 on major exchanges.

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

• Bitcoin Cash (BCH) traded 2.6% higher against the dollar and now trades at $329.61 or 0.00570323 BTC.
• Arweave (AR) traded down 3% against the dollar and now trades at $20.09 or 0.00034756 BTC.
• Bitcoin SV (BSV) traded 9.1% higher against the dollar and now trades at $50.47 or 0.00087320 BTC.
• eCash (XEC) traded 0.4% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded down 1.7% against the dollar and now trades at $0.11 or 0.00000185 BTC.

Bitcoin Profile

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 19,752,443 coins. 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. Bitcoin’s official Twitter account is @bitcoin and its Facebook page is accessible 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.”

Bitcoin Coin Trading

Investors seeking to acquire Bitcoin using U.S. dollars directly can do so using Changelly, GDAX or Coinbase.

BTC/USD price chart by TradingView