Bitcoin (BTC) Trading Down 10.5% Over Last Week

Bitcoin (BTC) traded 6.5% lower against the U.S. dollar during the 1 day period ending at 22:00 PM E.T. on April 30th. During the last seven days, Bitcoin has traded 10.5% lower against the U.S. dollar. Bitcoin has a market capitalization of $1,173.71 billion and approximately $37.60 billion worth of Bitcoin was traded on exchanges in the last 24 hours. One Bitcoin coin can now be purchased for $59,602.30 on cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

• Bitcoin Cash (BCH) traded 8.1% lower against the dollar and now trades at $425.62 or 0.00714104 BTC.
• Arweave (AR) traded 15.8% lower against the dollar and now trades at $30.13 or 0.00050544 BTC.
• Bitcoin SV (BSV) traded down 10.9% against the dollar and now trades at $58.31 or 0.00097828 BTC.
• eCash (XEC) traded down 8.7% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 9.6% lower against the dollar and now trades at $0.19 or 0.00000325 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 19,692,434 coins. The official message board for Bitcoin is bitcointalk.org. The Reddit community for Bitcoin is https://reddit.com/r/bitcoin and the currency’s Github account can be viewed here. Bitcoin’s official Twitter account is @bitcoin and its Facebook page is accessible 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.”

Buying and Selling Bitcoin

Investors seeking to acquire Bitcoin using US dollars directly can do so using GDAX, Changelly or Coinbase.

BTC/USD price chart by TradingView