Bitcoin 24 Hour Trading Volume Reaches $2.87 Billion (BTC)

Bitcoin (BTC) traded down 2.1% against the dollar during the 1-day period ending at 8:00 AM Eastern on March 10th. During the last week, Bitcoin has traded 10.5% lower against the dollar. One Bitcoin coin can currently be bought for $83,299.89 on popular cryptocurrency exchanges. Bitcoin has a market cap of $1,652.24 billion and $2.87 billion worth of Bitcoin was traded on exchanges in the last 24 hours.

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

• Arweave (AR) traded down 3.3% against the dollar and now trades at $6.55 or 0.00007862 BTC.
• Bitcoin Cash (BCH) traded 0.6% lower against the dollar and now trades at $368.25 or 0.00442073 BTC.
• Bitcoin SV (BSV) traded 0.2% lower against the dollar and now trades at $33.72 or 0.00040475 BTC.
• eCash (XEC) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded down 3.2% against the dollar and now trades at $0.0465 or 0.00000056 BTC.

Bitcoin Coin Profile

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 19,834,853 coins. The Reddit community for Bitcoin is https://reddit.com/r/bitcoin and the currency’s Github account can be viewed here. The official message board for Bitcoin 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.

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 U.S. dollars directly can do so using Gemini, Coinbase or Changelly.

BTC/USD price chart by TradingView