Bitcoin (BTC) Reaches 24-Hour Trading Volume of $2.74 Billion

Bitcoin (BTC) traded 0.2% higher against the U.S. dollar during the 1 day period ending at 12:00 PM Eastern on March 17th. Over the last seven days, Bitcoin has traded 5.4% higher against the U.S. dollar. One Bitcoin coin can now be bought for approximately $73,604.93 on major cryptocurrency exchanges. Bitcoin has a total market capitalization of $1.47 trillion and approximately $2.74 billion worth of Bitcoin was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed over the last day:

• Arweave (AR) traded down 1.5% against the dollar and now trades at $1.87 or 0.00002539 BTC.
• Bitcoin Cash (BCH) traded 0.9% lower against the dollar and now trades at $473.32 or 0.00643051 BTC.
• Bitcoin SV (BSV) traded 0.3% higher against the dollar and now trades at $15.33 or 0.00020821 BTC.
• eCash (XEC) traded down 0.1% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 0.1% higher against the dollar and now trades at $0.0122 or 0.00000017 BTC.

About Bitcoin

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 20,003,043 coins. Bitcoin’s official website is bitcoin.org. 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. Bitcoin’s official Twitter account is @bitcoin and its Facebook page is accessible 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 trade Bitcoin using U.S. dollars directly can do so using Coinbase, Changelly or Gemini.

BTC/USD price chart by TradingView