Bitcoin Trading 2% Higher Over Last Week (BTC)

Bitcoin (BTC) traded up 1.9% against the U.S. dollar during the twenty-four hour period ending at 14:00 PM E.T. on May 27th. Bitcoin has a total market capitalization of $1,379.51 billion and approximately $24.17 billion worth of Bitcoin was traded on exchanges in the last 24 hours. In the last seven days, Bitcoin has traded up 2% against the U.S. dollar. One Bitcoin coin can currently be bought for about $70,010.33 on cryptocurrency exchanges.

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

  • Bitcoin Cash (BCH) traded 2.3% higher against the dollar and now trades at $494.14 or 0.00705805 BTC.
  • Arweave (AR) traded 6% higher against the dollar and now trades at $40.76 or 0.00058215 BTC.
  • Bitcoin SV (BSV) traded 1.2% higher against the dollar and now trades at $64.28 or 0.00091810 BTC.
  • eCash (XEC) traded 3.5% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Syscoin (SYS) traded up 2.3% against the dollar and now trades at $0.19 or 0.00000277 BTC.

Bitcoin Coin Profile

Bitcoin (CRYPTO: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 19,704,318 coins. The Reddit community for Bitcoin is https://reddit.com/r/bitcoin and the currency’s Github account can be viewed here. The official message board for Bitcoin is bitcointalk.org. 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.”

Buying and Selling Bitcoin

Investors seeking to acquire Bitcoin using US dollars directly can do so using GDAX, Changelly or Gemini.

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