Bitcoin Reaches 24-Hour Trading Volume of $1.62 Billion (BTC)

Bitcoin (BTC) traded up 1.5% against the US dollar during the 1 day period ending at 10:00 AM E.T. on September 17th. During the last seven days, Bitcoin has traded down 0.6% against the US dollar. One Bitcoin coin can now be purchased for about $76,851.61 on exchanges. Bitcoin has a market cap of $1.54 trillion and $1.62 billion worth of Bitcoin was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed during the last day:

• Arweave (AR) traded up 5.4% against the dollar and now trades at $2.61 or 0.00003394 BTC.
• Bitcoin Cash (BCH) traded 8.8% higher against the dollar and now trades at $236.15 or 0.00307281 BTC.
• Bitcoin SV (BSV) traded up 3.7% against the dollar and now trades at $16.29 or 0.00021192 BTC.
• eCash (XEC) traded 4.5% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 9.5% higher against the dollar and now trades at $0.0021 or 0.00000003 BTC.

Bitcoin Coin Profile

BTC is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its genesis date was July 13th, 2010. Bitcoin’s total supply is 20,085,665 coins. Bitcoin’s official website is bitcoin.org. 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.

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 GDAX, Gemini or Coinbase.

BTC/USD price chart by TradingView