Bitcoin (BTC) Price Tops $94,426.22 on Exchanges

Bitcoin (BTC) traded 2.1% lower against the dollar during the 1 day period ending at 8:00 AM ET on December 28th. Over the last week, Bitcoin has traded 3.1% lower against the dollar. One Bitcoin coin can currently be bought for $94,426.22 on popular cryptocurrency exchanges. Bitcoin has a market cap of $1,869.86 billion and approximately $38.47 billion worth of Bitcoin was traded on exchanges in the last 24 hours.

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

• Bitcoin Cash (BCH) traded down 3.4% against the dollar and now trades at $440.51 or 0.00466508 BTC.
• Arweave (AR) traded down 2.4% against the dollar and now trades at $16.62 or 0.00017596 BTC.
• Bitcoin SV (BSV) traded down 2.5% against the dollar and now trades at $52.99 or 0.00056123 BTC.
• eCash (XEC) traded down 0.7% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded up 0.9% against the dollar and now trades at $0.11 or 0.00000121 BTC.

About Bitcoin

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 19,802,290 coins. The official website for Bitcoin is bitcoin.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 message board is bitcointalk.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 US dollars directly can do so using Coinbase, GDAX or Gemini.

BTC/USD price chart by TradingView