Bitcoin Price Up 2.6% This Week (BTC)

Bitcoin (BTC) traded up 0.8% against the US dollar during the 1 day period ending at 8:00 AM E.T. on February 10th. One Bitcoin coin can currently be bought for about $97,284.64 on popular cryptocurrency exchanges. In the last seven days, Bitcoin has traded 2.6% higher against the US dollar. Bitcoin has a market capitalization of $1,928.41 billion and $37.97 billion worth of Bitcoin was traded on exchanges in the last day.

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

• Bitcoin Cash (BCH) traded 1.5% higher against the dollar and now trades at $330.21 or 0.00339427 BTC.
• Bitcoin SV (BSV) traded 1.2% lower against the dollar and now trades at $39.13 or 0.00040221 BTC.
• Arweave (AR) traded 3% lower against the dollar and now trades at $9.02 or 0.00009277 BTC.
• eCash (XEC) traded 0.7% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 3.5% lower against the dollar and now trades at $0.0687 or 0.00000071 BTC.

About Bitcoin

Bitcoin 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 19,822,325 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 acquire Bitcoin using US dollars directly can do so using Coinbase, Changelly or Gemini.

BTC/USD price chart by TradingView