Bitcoin (BTC) Trading 4.4% Lower Over Last 7 Days

Bitcoin (BTC) traded up 1.1% against the dollar during the 1-day period ending at 18:00 PM Eastern on April 29th. One Bitcoin coin can currently be bought for approximately $63,775.43 on major exchanges. Bitcoin has a total market cap of $1,255.86 billion and $1.35 billion worth of Bitcoin was traded on exchanges in the last 24 hours. Over the last seven days, Bitcoin has traded 4.4% lower against the dollar.

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

• Bitcoin Cash (BCH) traded 1.6% lower against the dollar and now trades at $466.59 or 0.00731620 BTC.
• Arweave (AR) traded 0.5% lower against the dollar and now trades at $36.00 or 0.00056445 BTC.
• Bitcoin SV (BSV) traded 2.3% lower against the dollar and now trades at $65.22 or 0.00102263 BTC.
• eCash (XEC) traded down 1.9% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded down 1.2% against the dollar and now trades at $0.21 or 0.00000334 BTC.

Bitcoin Coin 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 19,691,928 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. The official message board for Bitcoin is bitcointalk.org. Bitcoin’s official Twitter account is @bitcoin and its Facebook page is accessible 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 trade Bitcoin using U.S. dollars directly can do so using Gemini, Changelly or Coinbase.

BTC/USD price chart by TradingView