Bitcoin (BTC) Trading 12.3% Higher Over Last 7 Days

Bitcoin (BTC) traded up 2.4% against the dollar during the 1-day period ending at 7:00 AM ET on February 11th. One Bitcoin coin can currently be bought for approximately $48,379.67 on major cryptocurrency exchanges. Bitcoin has a market capitalization of $949.44 billion and approximately $18.92 billion worth of Bitcoin was traded on exchanges in the last day. In the last seven days, Bitcoin has traded up 12.3% against the dollar.

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

  • Bitcoin Cash (BCH) traded up 7.9% against the dollar and now trades at $264.47 or 0.00546646 BTC.
  • Bitcoin SV (BSV) traded 3.2% higher against the dollar and now trades at $79.36 or 0.00164029 BTC.
  • eCash (XEC) traded 1.5% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Arweave (AR) traded up 1.6% against the dollar and now trades at $8.79 or 0.00018176 BTC.
  • Syscoin (SYS) traded up 3.2% against the dollar and now trades at $0.13 or 0.00000267 BTC.

About Bitcoin

Bitcoin is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It launched on July 13th, 2010. Bitcoin’s total supply is 19,624,731 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 Twitter account is @bitcoin and its Facebook page is accessible here. Bitcoin’s official message board is bitcointalk.org. 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.”

Bitcoin Coin Trading

Investors seeking to trade Bitcoin using U.S. dollars directly can do so using GDAX, Changelly or Gemini.

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