Bitcoin Price Down 6.4% This Week (BTC)

Bitcoin (BTC) traded down 7.9% against the US dollar during the one day period ending at 8:00 AM E.T. on December 20th. One Bitcoin coin can currently be purchased for about $93,843.49 on major cryptocurrency exchanges. Over the last week, Bitcoin has traded down 6.4% against the US dollar. Bitcoin has a market capitalization of $1,857.98 billion and approximately $118.66 billion worth of Bitcoin was traded on exchanges in the last 24 hours.

Here is how other cryptocurrencies have performed over the last 24 hours:

• Bitcoin Cash (BCH) traded 15.1% lower against the dollar and now trades at $409.40 or 0.00436255 BTC.
• Arweave (AR) traded down 13.5% against the dollar and now trades at $15.52 or 0.00016540 BTC.
• Bitcoin SV (BSV) traded 12.4% lower against the dollar and now trades at $50.26 or 0.00053561 BTC.
• eCash (XEC) traded 12.4% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 12.8% lower against the dollar and now trades at $0.0997 or 0.00000106 BTC.

Bitcoin Coin Profile

Bitcoin (CRYPTO: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 19,798,690 coins. 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. Bitcoin’s official website 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 trade Bitcoin using US dollars directly can do so using Coinbase, Changelly or GDAX.

BTC/USD price chart by TradingView