Bitcoin Price Tops $63,585.36 (BTC)

Bitcoin (BTC) traded 3% higher against the dollar during the 24 hour period ending at 14:00 PM ET on May 4th. Bitcoin has a total market cap of $1,252.25 billion and $1.36 billion worth of Bitcoin was traded on exchanges in the last day. During the last week, Bitcoin has traded 0.9% higher against the dollar. One Bitcoin coin can currently be bought for approximately $63,585.36 on major exchanges.

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

• Bitcoin Cash (BCH) traded 3.8% higher against the dollar and now trades at $464.37 or 0.00730314 BTC.
• Arweave (AR) traded up 3.7% against the dollar and now trades at $36.55 or 0.00057478 BTC.
• Bitcoin SV (BSV) traded 4.9% higher against the dollar and now trades at $65.28 or 0.00102672 BTC.
• eCash (XEC) traded up 5.9% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Syscoin (SYS) traded 1.2% lower against the dollar and now trades at $0.20 or 0.00000313 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 19,693,987 coins. 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. 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.”

Bitcoin Coin Trading

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

BTC/USD price chart by TradingView