Bitcoin Price Reaches $104,304.95 on Major Exchanges (BTC)

Bitcoin (BTC) traded 2.4% lower against the US dollar during the 1-day period ending at 8:00 AM E.T. on January 21st. Over the last seven days, Bitcoin has traded up 8.6% against the US dollar. Bitcoin has a total market capitalization of $2,066.61 billion and $103.17 billion worth of Bitcoin was traded on exchanges in the last day. One Bitcoin coin can currently be purchased for $104,304.95 on popular cryptocurrency exchanges.

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

• Bitcoin Cash (BCH) traded 0.7% lower against the dollar and now trades at $440.86 or 0.00422435 BTC.
• Bitcoin SV (BSV) traded 0.2% higher against the dollar and now trades at $52.51 or 0.00050318 BTC.
• Arweave (AR) traded down 3.8% against the dollar and now trades at $14.74 or 0.00014120 BTC.
• eCash (XEC) traded 1.8% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 0.3% lower against the dollar and now trades at $0.0954 or 0.00000091 BTC.

Bitcoin Profile

Bitcoin (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 19,813,115 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 Twitter account is @bitcoin and its Facebook page is accessible here. Bitcoin’s official message board is bitcointalk.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 Coinbase, Changelly or GDAX.

BTC/USD price chart by TradingView