Bitcoin Price Up 8% Over Last Week (BTC)

Bitcoin (BTC) traded up 3.5% against the dollar during the one day period ending at 8:00 AM Eastern on January 17th. In the last week, Bitcoin has traded up 8% against the dollar. One Bitcoin coin can currently be purchased for approximately $102,554.16 on popular exchanges. Bitcoin has a market cap of $2,031.74 billion and approximately $61.76 billion worth of Bitcoin was traded on exchanges in the last 24 hours.

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

• Bitcoin Cash (BCH) traded 5.4% higher against the dollar and now trades at $483.75 or 0.00471703 BTC.
• Arweave (AR) traded 4.5% higher against the dollar and now trades at $17.64 or 0.00017205 BTC.
• Bitcoin SV (BSV) traded up 2.6% against the dollar and now trades at $58.19 or 0.00056741 BTC.
• eCash (XEC) traded up 2.5% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded up 5.3% against the dollar and now trades at $0.12 or 0.00000113 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 19,811,350 coins. The official message board for Bitcoin is bitcointalk.org. 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.

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 U.S. dollars directly can do so using Gemini, Coinbase or Changelly.

BTC/USD price chart by TradingView