Bitcoin (BTC) Tops One Day Volume of $33.09 Billion

Bitcoin (BTC) traded 1.1% higher against the U.S. dollar during the 1-day period ending at 23:00 PM ET on November 3rd. In the last week, Bitcoin has traded 2.4% higher against the U.S. dollar. Bitcoin has a market capitalization of $1,369.56 billion and $33.09 billion worth of Bitcoin was traded on exchanges in the last 24 hours. One Bitcoin coin can now be purchased for $69,248.70 on exchanges.

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

• Bitcoin Cash (BCH) traded down 3.2% against the dollar and now trades at $338.71 or 0.00489124 BTC.
• Bitcoin SV (BSV) traded 0.6% lower against the dollar and now trades at $47.40 or 0.00068448 BTC.
• Arweave (AR) traded 1.5% lower against the dollar and now trades at $13.93 or 0.00020121 BTC.
• eCash (XEC) traded 1.3% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 7.3% lower against the dollar and now trades at $0.0877 or 0.00000127 BTC.

Bitcoin Coin Profile

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 19,777,415 coins. 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. Bitcoin’s official website is bitcoin.org. The official message board for Bitcoin is bitcointalk.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 U.S. dollars directly can do so using Gemini, GDAX or Coinbase.

BTC/USD price chart by TradingView