Bitcoin (BTC) Reaches 1-Day Trading Volume of $1.57 Billion

Bitcoin (BTC) traded down 2.8% against the U.S. dollar during the one day period ending at 13:00 PM ET on April 24th. Bitcoin has a total market capitalization of $1,276.29 billion and $1.57 billion worth of Bitcoin was traded on exchanges in the last day. During the last seven days, Bitcoin has traded 7.3% higher against the U.S. dollar. One Bitcoin coin can now be purchased for approximately $64,820.35 on exchanges.

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

• Bitcoin Cash (BCH) traded down 5.7% against the dollar and now trades at $482.00 or 0.00743597 BTC.
• Arweave (AR) traded 2.2% lower against the dollar and now trades at $33.00 or 0.00050916 BTC.
• Bitcoin SV (BSV) traded down 4% against the dollar and now trades at $69.21 or 0.00106776 BTC.
• eCash (XEC) traded down 5.1% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Syscoin (SYS) traded 4.5% lower against the dollar and now trades at $0.23 or 0.00000354 BTC.

Bitcoin Coin Profile

Bitcoin (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 19,689,640 coins. The official website for Bitcoin is bitcoin.org. Bitcoin’s official Twitter account is @bitcoin and its Facebook page is accessible here. Bitcoin’s official message board is bitcointalk.org. The Reddit community for Bitcoin is https://reddit.com/r/bitcoin and the currency’s Github account can be viewed 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 acquire Bitcoin using U.S. dollars directly can do so using Changelly, Coinbase or GDAX.

BTC/USD price chart by TradingView