Bitcoin 1-Day Trading Volume Tops $28.43 Billion (BTC)

Bitcoin (BTC) traded 1% lower against the dollar during the one day period ending at 7:00 AM Eastern on April 30th. Bitcoin has a total market capitalization of $1,216.44 billion and $28.43 billion worth of Bitcoin was traded on exchanges in the last day. One Bitcoin coin can currently be purchased for approximately $61,772.62 on popular exchanges. In the last seven days, Bitcoin has traded 6.8% lower against the dollar.

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

• Bitcoin Cash (BCH) traded down 1.9% against the dollar and now trades at $446.32 or 0.00723054 BTC.
• Arweave (AR) traded 5.4% lower against the dollar and now trades at $34.19 or 0.00055388 BTC.
• Bitcoin SV (BSV) traded down 2.4% against the dollar and now trades at $63.10 or 0.00102228 BTC.
• eCash (XEC) traded 2.9% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 1.1% lower against the dollar and now trades at $0.20 or 0.00000332 BTC.

Bitcoin Coin Profile

Bitcoin 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 19,692,159 coins. 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 website 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.”

Buying and Selling Bitcoin

Investors seeking to acquire Bitcoin using U.S. dollars directly can do so using Coinbase, Gemini or Changelly.

BTC/USD price chart by TradingView