Bitcoin (BTC) Trading Up 9.9% This Week

Bitcoin (BTC) traded 0.8% higher against the US dollar during the 1 day period ending at 7:00 AM E.T. on November 22nd. One Bitcoin coin can now be bought for approximately $98,619.72 on major exchanges. Bitcoin has a market cap of $1,951.28 billion and $89.87 billion worth of Bitcoin was traded on exchanges in the last day. During the last week, Bitcoin has traded 9.9% higher against the US dollar.

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

• Bitcoin Cash (BCH) traded down 2.6% against the dollar and now trades at $489.35 or 0.00495819 BTC.
• Bitcoin SV (BSV) traded down 6.2% against the dollar and now trades at $67.81 or 0.00068710 BTC.
• Arweave (AR) traded up 0.2% against the dollar and now trades at $17.98 or 0.00018221 BTC.
• eCash (XEC) traded 3.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 2.6% higher against the dollar and now trades at $0.11 or 0.00000108 BTC.

Bitcoin Profile

Bitcoin (CRYPTO:BTC) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its genesis date was July 13th, 2010. Bitcoin’s total supply is 19,785,878 coins. The official website for Bitcoin is bitcoin.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. The official message board for Bitcoin is bitcointalk.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 Gemini, Changelly or GDAX.

BTC/USD price chart by TradingView