Bitcoin 24 Hour Volume Hits $15.91 Billion (BTC)

Bitcoin (BTC) traded up 0.7% against the dollar during the 1 day period ending at 17:00 PM ET on September 8th. Bitcoin has a market capitalization of $1,075.39 billion and approximately $15.91 billion worth of Bitcoin was traded on exchanges in the last 24 hours. One Bitcoin coin can now be bought for $54,445.92 on exchanges. In the last week, Bitcoin has traded down 6.5% against the dollar.

Here’s how other cryptocurrencies have performed in the last 24 hours:

• Bitcoin Cash (BCH) traded 1.6% higher against the dollar and now trades at $303.49 or 0.00557410 BTC.
• Arweave (AR) traded 1.6% higher against the dollar and now trades at $20.15 or 0.00037006 BTC.
• Bitcoin SV (BSV) traded up 0.1% against the dollar and now trades at $44.25 or 0.00081271 BTC.
• eCash (XEC) traded 4.8% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded up 1.6% against the dollar and now trades at $0.10 or 0.00000192 BTC.

Bitcoin Profile

BTC is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It was first traded on July 13th, 2010. Bitcoin’s total supply is 19,751,603 coins. The official website for Bitcoin is bitcoin.org. The official message board for Bitcoin 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 trade Bitcoin using US dollars directly can do so using Coinbase, Changelly or Gemini.

BTC/USD price chart by TradingView