Bitcoin Price Down 4.7% Over Last Week (BTC)

Bitcoin (BTC) traded 1% higher against the US dollar during the one day period ending at 16:00 PM Eastern on April 19th. One Bitcoin coin can currently be purchased for about $64,106.00 on cryptocurrency exchanges. In the last seven days, Bitcoin has traded 4.7% lower against the US dollar. Bitcoin has a market capitalization of $1,262.07 billion and approximately $48.71 billion worth of Bitcoin was traded on exchanges in the last day.

Here’s how related cryptocurrencies have performed in the last day:

• Bitcoin Cash (BCH) traded 0.1% lower against the dollar and now trades at $482.22 or 0.00752216 BTC.
• Arweave (AR) traded 10.3% higher against the dollar and now trades at $27.79 or 0.00043355 BTC.
• Bitcoin SV (BSV) traded down 1.4% against the dollar and now trades at $66.04 or 0.00103025 BTC.
• eCash (XEC) traded 0.1% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Syscoin (SYS) traded up 6.2% against the dollar and now trades at $0.23 or 0.00000358 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 19,687,268 coins. The official website for Bitcoin is bitcoin.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 message board is bitcointalk.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 trade Bitcoin using U.S. dollars directly can do so using Gemini, Coinbase or GDAX.

BTC/USD price chart by TradingView