Bitcoin Tops 24-Hour Volume of $1.87 Billion (BTC)

Bitcoin (BTC) traded 4% lower against the dollar during the 1-day period ending at 16:00 PM E.T. on August 15th. Bitcoin has a total market cap of $1,126.55 billion and $1.87 billion worth of Bitcoin was traded on exchanges in the last 24 hours. One Bitcoin coin can now be bought for about $57,068.14 on cryptocurrency exchanges. In the last seven days, Bitcoin has traded down 4.1% against the dollar.

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

• Bitcoin Cash (BCH) traded down 2.3% against the dollar and now trades at $330.62 or 0.00579334 BTC.
• Arweave (AR) traded down 1.1% against the dollar and now trades at $20.93 or 0.00036678 BTC.
• Bitcoin SV (BSV) traded down 2.6% against the dollar and now trades at $42.47 or 0.00074412 BTC.
• eCash (XEC) traded down 1.9% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded down 6.1% against the dollar and now trades at $0.0688 or 0.00000121 BTC.

About Bitcoin

Bitcoin (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 19,740,400 coins. The Reddit community for Bitcoin is https://reddit.com/r/bitcoin and the currency’s Github account can be viewed here. Bitcoin’s official message board 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.”

Bitcoin Coin Trading

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

BTC/USD price chart by TradingView