Bitcoin Market Cap Reaches $1,287.73 Billion (BTC)

Bitcoin (BTC) traded up 5% against the US dollar during the 1 day period ending at 8:00 AM Eastern on April 19th. Bitcoin has a market capitalization of $1,287.73 billion and approximately $50.33 billion worth of Bitcoin was traded on exchanges in the last day. During the last seven days, Bitcoin has traded down 7.1% against the US dollar. One Bitcoin coin can currently be bought for approximately $65,410.41 on exchanges.

Here’s how related cryptocurrencies have performed during the last day:

• Bitcoin Cash (BCH) traded 0.8% higher against the dollar and now trades at $483.89 or 0.00739777 BTC.
• Arweave (AR) traded 16.1% higher against the dollar and now trades at $28.06 or 0.00042893 BTC.
• Bitcoin SV (BSV) traded 1.4% higher against the dollar and now trades at $66.79 or 0.00102105 BTC.
• eCash (XEC) traded 4% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Syscoin (SYS) traded up 7.5% against the dollar and now trades at $0.23 or 0.00000344 BTC.

About Bitcoin

Bitcoin (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 19,686,975 coins. Bitcoin’s official message board is bitcointalk.org. Bitcoin’s official website is bitcoin.org. Bitcoin’s official Twitter account is @bitcoin and its Facebook page is accessible here. 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.”

Buying and Selling Bitcoin

Investors seeking to acquire Bitcoin using U.S. dollars directly can do so using Gemini, Coinbase or Changelly.

BTC/USD price chart by TradingView