Bitcoin (BTC) 24 Hour Volume Reaches $3.40 Billion

Bitcoin (BTC) traded 1.5% lower against the U.S. dollar during the 1-day period ending at 15:00 PM Eastern on November 1st. One Bitcoin coin can currently be purchased for approximately $69,357.43 on major exchanges. During the last seven days, Bitcoin has traded up 2.9% against the U.S. dollar. Bitcoin has a market capitalization of $1,371.64 billion and approximately $3.40 billion worth of Bitcoin was traded on exchanges in the last day.

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

• Bitcoin Cash (BCH) traded down 1.6% against the dollar and now trades at $349.42 or 0.00503792 BTC.
• Arweave (AR) traded 0.7% lower against the dollar and now trades at $15.23 or 0.00021956 BTC.
• Bitcoin SV (BSV) traded 1.3% lower against the dollar and now trades at $50.03 or 0.00072129 BTC.
• eCash (XEC) traded 1.5% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded up 0.9% against the dollar and now trades at $0.0975 or 0.00000141 BTC.

Bitcoin Profile

Bitcoin (BTC) 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 19,776,346 coins. Bitcoin’s official message board is bitcointalk.org. The official website for Bitcoin 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.”

Bitcoin Coin Trading

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

BTC/USD price chart by TradingView