Bitcoin (BTC) 24-Hour Volume Tops $36.81 Billion

Bitcoin (BTC) traded up 2.9% against the U.S. dollar during the twenty-four hour period ending at 15:00 PM E.T. on October 18th. In the last seven days, Bitcoin has traded 9.4% higher against the U.S. dollar. One Bitcoin coin can now be purchased for approximately $68,816.44 on exchanges. Bitcoin has a market capitalization of $1,360.46 billion and approximately $36.81 billion worth of Bitcoin was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed in the last day:

• Bitcoin Cash (BCH) traded 1.4% higher against the dollar and now trades at $367.50 or 0.00534234 BTC.
• Arweave (AR) traded up 3.8% against the dollar and now trades at $19.00 or 0.00027615 BTC.
• Bitcoin SV (BSV) traded 3.2% higher against the dollar and now trades at $51.34 or 0.00074628 BTC.
• eCash (XEC) traded up 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 4.8% higher against the dollar and now trades at $0.10 or 0.00000150 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 19,769,456 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.”

Buying and Selling Bitcoin

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

BTC/USD price chart by TradingView