Bitcoin (BTC) Price Up 7.9% This Week

Bitcoin (BTC) traded 2.2% higher against the US dollar during the 24 hour period ending at 19:00 PM ET on March 28th. Bitcoin has a market capitalization of $1,391.49 billion and approximately $34.54 billion worth of Bitcoin was traded on exchanges in the last 24 hours. One Bitcoin coin can now be bought for approximately $70,752.49 on popular cryptocurrency exchanges. In the last week, Bitcoin has traded 7.9% higher against the US dollar.

Here’s how related cryptocurrencies have performed in the last 24 hours:

• Bitcoin Cash (BCH) traded 5.5% higher against the dollar and now trades at $570.01 or 0.00805665 BTC.
• Arweave (AR) traded down 2.7% against the dollar and now trades at $41.55 or 0.00058723 BTC.
• Bitcoin SV (BSV) traded up 0.7% against the dollar and now trades at $92.74 or 0.00131073 BTC.
• eCash (XEC) traded 0.8% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Syscoin (SYS) traded 9.3% higher against the dollar and now trades at $0.29 or 0.00000407 BTC.

About Bitcoin

Bitcoin (CRYPTO:BTC) 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 19,666,975 coins. Bitcoin’s official Twitter account is @bitcoin and its Facebook page is accessible here. Bitcoin’s official website is bitcoin.org. Bitcoin’s official message board is bitcointalk.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 U.S. dollars directly can do so using Coinbase, Gemini or GDAX.

BTC/USD price chart by TradingView