Bitcoin (BTC) Hits Market Capitalization of $1,195.53 Billion

Bitcoin (BTC) traded 1.9% lower against the U.S. dollar during the 1 day period ending at 23:00 PM E.T. on June 28th. Bitcoin has a total market cap of $1,195.53 billion and $24.24 billion worth of Bitcoin was traded on exchanges in the last 24 hours. One Bitcoin coin can now be purchased for $60,630.81 on major exchanges. In the last week, Bitcoin has traded 5.7% lower against the U.S. dollar.

Here is how other cryptocurrencies have performed in the last 24 hours:

• Bitcoin Cash (BCH) traded 1.3% lower against the dollar and now trades at $384.61 or 0.00634341 BTC.
• Arweave (AR) traded up 3.6% against the dollar and now trades at $27.13 or 0.00044752 BTC.
• Bitcoin SV (BSV) traded 2.3% lower against the dollar and now trades at $44.57 or 0.00073516 BTC.
• eCash (XEC) traded 1.1% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 0.3% lower against the dollar and now trades at $0.13 or 0.00000211 BTC.

Bitcoin Coin Profile

Bitcoin (CRYPTO: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 19,718,253 coins. 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. Bitcoin’s official Twitter account is @bitcoin and its Facebook page is accessible here. Bitcoin’s official message board 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.”

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