Bitcoin 1-Day Volume Hits $1.58 Billion (BTC)

Bitcoin (BTC) traded 0.7% lower against the dollar during the twenty-four hour period ending at 15:00 PM Eastern on July 10th. In the last week, Bitcoin has traded down 4.6% against the dollar. One Bitcoin coin can now be bought for approximately $57,559.49 on major cryptocurrency exchanges. Bitcoin has a total market cap of $1,135.06 billion and approximately $1.58 billion worth of Bitcoin was traded on exchanges in the last day.

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

• Bitcoin Cash (BCH) traded 1.7% higher against the dollar and now trades at $336.39 or 0.00584417 BTC.
• Arweave (AR) traded up 1.2% against the dollar and now trades at $22.67 or 0.00039377 BTC.
• Bitcoin SV (BSV) traded 1.6% higher against the dollar and now trades at $37.72 or 0.00065534 BTC.
• eCash (XEC) traded 3% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded up 0.4% against the dollar and now trades at $0.10 or 0.00000182 BTC.

Bitcoin Profile

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 19,719,809 coins. The official message board for Bitcoin is bitcointalk.org. Bitcoin’s official Twitter account is @bitcoin and its Facebook page is accessible here. Bitcoin’s official website is bitcoin.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.”

Bitcoin Coin Trading

Investors seeking to acquire Bitcoin using US dollars directly can do so using GDAX, Gemini or Changelly.

BTC/USD price chart by TradingView