Bitcoin (BTC) Price Reaches $69,485.98 on Exchanges

Bitcoin (BTC) traded 0.3% higher against the dollar during the 24 hour period ending at 20:00 PM Eastern on June 9th. One Bitcoin coin can now be purchased for approximately $69,485.98 on popular cryptocurrency exchanges. Bitcoin has a market cap of $1,369.58 billion and approximately $13.62 billion worth of Bitcoin was traded on exchanges in the last day. In the last week, Bitcoin has traded 2.7% higher against the dollar.

Here is how related cryptocurrencies have performed in the last day:

• Bitcoin Cash (BCH) traded up 0.4% against the dollar and now trades at $474.08 or 0.00682193 BTC.
• Arweave (AR) traded up 1% against the dollar and now trades at $37.35 or 0.00053740 BTC.
• Bitcoin SV (BSV) traded up 0.6% against the dollar and now trades at $56.80 or 0.00081734 BTC.
• eCash (XEC) traded 1.8% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded up 0.1% against the dollar and now trades at $0.17 or 0.00000247 BTC.

Bitcoin Coin Profile

Bitcoin (CRYPTO:BTC) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its launch date was July 13th, 2010. Bitcoin’s total supply is 19,710,168 coins. 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. The official message board for Bitcoin is bitcointalk.org. 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 trade Bitcoin using U.S. dollars directly can do so using Changelly, Gemini or GDAX.

BTC/USD price chart by TradingView