Bitcoin 24-Hour Trading Volume Tops $61.76 Billion (BTC)

Bitcoin (BTC) traded 2.3% lower against the US dollar during the 1-day period ending at 8:00 AM E.T. on January 9th. Bitcoin has a total market cap of $1,843.30 billion and approximately $61.76 billion worth of Bitcoin was traded on exchanges in the last 24 hours. In the last week, Bitcoin has traded down 3.7% against the US dollar. One Bitcoin coin can currently be purchased for approximately $93,059.88 on major cryptocurrency exchanges.

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

• Bitcoin Cash (BCH) traded 2.2% lower against the dollar and now trades at $425.31 or 0.00457024 BTC.
• Bitcoin SV (BSV) traded 0.4% higher against the dollar and now trades at $52.53 or 0.00056453 BTC.
• Arweave (AR) traded down 2.8% against the dollar and now trades at $15.51 or 0.00016667 BTC.
• eCash (XEC) traded up 6.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 1.4% lower against the dollar and now trades at $0.11 or 0.00000116 BTC.

Bitcoin Profile

Bitcoin (CRYPTO:BTC) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It was first traded on July 13th, 2010. Bitcoin’s total supply is 19,807,725 coins. Bitcoin’s official website is bitcoin.org. Bitcoin’s official Twitter account is @bitcoin and its Facebook page is accessible here. 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.

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, GDAX or Changelly.

BTC/USD price chart by TradingView