Bitcoin (BTC) Price Tops $73,546.48 on Top Exchanges

Bitcoin (BTC) traded up 3.9% against the U.S. dollar during the 24-hour period ending at 16:00 PM E.T. on October 29th. During the last week, Bitcoin has traded 9% higher against the U.S. dollar. One Bitcoin coin can now be purchased for $73,546.48 on major cryptocurrency exchanges. Bitcoin has a market capitalization of $1,454.37 billion and $4.10 billion worth of Bitcoin was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

• Bitcoin Cash (BCH) traded 7.3% higher against the dollar and now trades at $388.11 or 0.00527706 BTC.
• Arweave (AR) traded 10.3% higher against the dollar and now trades at $17.19 or 0.00023375 BTC.
• Bitcoin SV (BSV) traded up 4.2% against the dollar and now trades at $52.61 or 0.00071537 BTC.
• eCash (XEC) traded up 4.3% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded up 6.4% against the dollar and now trades at $0.10 or 0.00000142 BTC.

Bitcoin 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 19,774,859 coins. The official website for Bitcoin is bitcoin.org. 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.

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 US dollars directly can do so using Gemini, GDAX or Coinbase.

BTC/USD price chart by TradingView