Bitcoin Market Cap Tops $1,337.16 Billion (BTC)

Bitcoin (BTC) traded 1.3% higher against the U.S. dollar during the 1-day period ending at 9:00 AM Eastern on October 18th. Bitcoin has a market capitalization of $1,337.16 billion and approximately $2.09 billion worth of Bitcoin was traded on exchanges in the last day. During the last seven days, Bitcoin has traded up 10.2% against the U.S. dollar. One Bitcoin coin can currently be purchased for approximately $67,637.88 on major exchanges.

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

• Bitcoin Cash (BCH) traded up 0.6% against the dollar and now trades at $365.88 or 0.00540944 BTC.
• Arweave (AR) traded 0.2% lower against the dollar and now trades at $18.59 or 0.00027485 BTC.
• Bitcoin SV (BSV) traded 2.7% higher against the dollar and now trades at $50.99 or 0.00075383 BTC.
• eCash (XEC) traded 0.4% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded up 0.6% against the dollar and now trades at $0.10 or 0.00000149 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 19,769,325 coins. The Reddit community for Bitcoin is https://reddit.com/r/bitcoin and the currency’s Github account can be viewed here. 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.

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