Bitcoin Price Reaches $90,108.54 (BTC)

Bitcoin (BTC) traded 0.4% higher against the US dollar during the one day period ending at 8:00 AM E.T. on March 6th. During the last week, Bitcoin has traded 4.3% higher against the US dollar. Bitcoin has a market cap of $1,787.12 billion and approximately $48.19 billion worth of Bitcoin was traded on exchanges in the last day. One Bitcoin coin can currently be purchased for about $90,108.54 on major cryptocurrency exchanges.

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

• Bitcoin Cash (BCH) traded up 3.2% against the dollar and now trades at $393.44 or 0.00436625 BTC.
• Bitcoin SV (BSV) traded down 1.3% against the dollar and now trades at $36.33 or 0.00040323 BTC.
• Arweave (AR) traded 1.9% lower against the dollar and now trades at $7.41 or 0.00008225 BTC.
• eCash (XEC) traded 1.1% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 0.2% higher against the dollar and now trades at $0.0542 or 0.00000060 BTC.

About Bitcoin

Bitcoin (BTC) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its genesis date was July 13th, 2010. Bitcoin’s total supply is 19,833,018 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. Bitcoin’s official message board 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 US dollars directly can do so using Changelly, GDAX or Gemini.

BTC/USD price chart by TradingView