Bitcoin (BTC) Price Reaches $104,737.95 on Major Exchanges

Bitcoin (BTC) traded 0.7% lower against the dollar during the 1-day period ending at 8:00 AM Eastern on January 25th. One Bitcoin coin can now be purchased for approximately $104,737.95 on major exchanges. During the last seven days, Bitcoin has traded up 1.2% against the dollar. Bitcoin has a total market capitalization of $2,075.37 billion and $41.74 billion worth of Bitcoin was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed during the last day:

• Bitcoin Cash (BCH) traded 1.1% lower against the dollar and now trades at $436.17 or 0.00416390 BTC.
• Bitcoin SV (BSV) traded down 0.8% against the dollar and now trades at $51.78 or 0.00049432 BTC.
• Arweave (AR) traded 3.9% lower against the dollar and now trades at $14.48 or 0.00013827 BTC.
• eCash (XEC) traded 2.5% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 4.7% lower against the dollar and now trades at $0.0930 or 0.00000089 BTC.

Bitcoin Coin Profile

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 19,814,856 coins. Bitcoin’s official message board 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. The official website for Bitcoin 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.”

Bitcoin Coin Trading

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

BTC/USD price chart by TradingView