Bitcoin (BTC) 24-Hour Volume Reaches $38.28 Billion

Bitcoin (BTC) traded 4% higher against the U.S. dollar during the 24 hour period ending at 22:00 PM ET on September 17th. Bitcoin has a market capitalization of $1,188.24 billion and approximately $38.28 billion worth of Bitcoin was traded on exchanges in the last 24 hours. Over the last week, Bitcoin has traded up 5.9% against the U.S. dollar. One Bitcoin coin can currently be purchased for about $60,147.19 on major cryptocurrency exchanges.

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

• Bitcoin Cash (BCH) traded 0.7% higher against the dollar and now trades at $312.92 or 0.00520256 BTC.
• Arweave (AR) traded 2.6% lower against the dollar and now trades at $18.32 or 0.00030455 BTC.
• Bitcoin SV (BSV) traded up 1.4% against the dollar and now trades at $46.79 or 0.00077785 BTC.
• eCash (XEC) traded 1% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 6.5% higher against the dollar and now trades at $0.10 or 0.00000172 BTC.

Bitcoin Profile

Bitcoin 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 19,755,521 coins. Bitcoin’s official message board is bitcointalk.org. Bitcoin’s official Twitter account is @bitcoin and its Facebook page is accessible here. 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.

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 Gemini, Coinbase or GDAX.

BTC/USD price chart by TradingView