Bitcoin (BTC) Market Capitalization Achieves $1,191.40 Billion

Bitcoin (BTC) traded 4.1% higher against the dollar during the 24 hour period ending at 15:00 PM ET on September 17th. Bitcoin has a total market cap of $1,191.40 billion and $36.41 billion worth of Bitcoin was traded on exchanges in the last day. One Bitcoin coin can currently be purchased for $60,307.57 on exchanges. During the last seven days, Bitcoin has traded up 4.2% against the dollar.

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

• Bitcoin Cash (BCH) traded 1% higher against the dollar and now trades at $314.80 or 0.00521987 BTC.
• Arweave (AR) traded 0.7% lower against the dollar and now trades at $18.68 or 0.00030980 BTC.
• Bitcoin SV (BSV) traded up 2.6% against the dollar and now trades at $47.33 or 0.00078477 BTC.
• eCash (XEC) traded up 2.9% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 3.2% higher against the dollar and now trades at $0.10 or 0.00000170 BTC.

Bitcoin Coin Profile

BTC is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It launched on July 13th, 2010. Bitcoin’s total supply is 19,755,396 coins. Bitcoin’s official message board is bitcointalk.org. Bitcoin’s official Twitter account is @bitcoin and its Facebook page is accessible here. 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.”

Bitcoin Coin Trading

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

BTC/USD price chart by TradingView