Bitcoin (BTC) Reaches Market Capitalization of $1,376.07 Billion

Bitcoin (BTC) traded down 0.5% against the US dollar during the 24 hour period ending at 10:00 AM ET on March 27th. In the last seven days, Bitcoin has traded 9.3% higher against the US dollar. Bitcoin has a market cap of $1,376.07 billion and $2.69 billion worth of Bitcoin was traded on exchanges in the last day. One Bitcoin coin can currently be bought for about $69,972.82 on cryptocurrency exchanges.

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

• Bitcoin Cash (BCH) traded up 9.4% against the dollar and now trades at $522.34 or 0.00746486 BTC.
• Arweave (AR) traded 2.4% higher against the dollar and now trades at $42.19 or 0.00060291 BTC.
• Bitcoin SV (BSV) traded 1.5% higher against the dollar and now trades at $90.03 or 0.00128670 BTC.
• eCash (XEC) traded down 1.3% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Syscoin (SYS) traded down 4% against the dollar and now trades at $0.27 or 0.00000387 BTC.

Bitcoin Profile

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 19,665,750 coins. Bitcoin’s official Twitter account is @bitcoin and its Facebook page is accessible here. 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. 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.”

Buying and Selling Bitcoin

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

BTC/USD price chart by TradingView