Bitcoin Reaches One Day Trading Volume of $24.90 Billion (BTC)

Bitcoin (BTC) traded 0.3% higher against the US dollar during the one day period ending at 8:00 AM Eastern on April 23rd. Bitcoin has a total market cap of $1,300.47 billion and $24.90 billion worth of Bitcoin was traded on exchanges in the last day. One Bitcoin coin can now be bought for approximately $66,050.43 on popular cryptocurrency exchanges. During the last seven days, Bitcoin has traded up 4.9% against the US dollar.

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

• Bitcoin Cash (BCH) traded down 0.5% against the dollar and now trades at $506.76 or 0.00767239 BTC.
• Arweave (AR) traded 2.5% higher against the dollar and now trades at $34.50 or 0.00052228 BTC.
• Bitcoin SV (BSV) traded 0.1% higher against the dollar and now trades at $71.47 or 0.00108200 BTC.
• eCash (XEC) traded 1% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Syscoin (SYS) traded down 4% against the dollar and now trades at $0.24 or 0.00000363 BTC.

Bitcoin Profile

Bitcoin is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its launch date was July 13th, 2010. Bitcoin’s total supply is 19,689,046 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. 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 Changelly, GDAX or Coinbase.

BTC/USD price chart by TradingView