Bitcoin Price Tops $97,863.83 (BTC)

Bitcoin (BTC) traded down 0% against the U.S. dollar during the one day period ending at 8:00 AM ET on January 5th. Bitcoin has a total market cap of $1,938.29 billion and $19.69 billion worth of Bitcoin was traded on exchanges in the last day. During the last week, Bitcoin has traded up 3.2% against the U.S. dollar. One Bitcoin coin can now be purchased for approximately $97,863.83 on cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed during the last day:

  • Bitcoin Cash (BCH) traded down 1.7% against the dollar and now trades at $468.72 or 0.00479519 BTC.
  • Arweave (AR) traded 0.9% lower against the dollar and now trades at $19.18 or 0.00019621 BTC.
  • Bitcoin SV (BSV) traded 1.3% lower against the dollar and now trades at $56.60 or 0.00057907 BTC.
  • eCash (XEC) traded 0.9% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Syscoin (SYS) traded up 0.4% against the dollar and now trades at $0.13 or 0.00000128 BTC.

Bitcoin Profile

Bitcoin (BTC) 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 19,806,018 coins. Bitcoin’s official message board is bitcointalk.org. Bitcoin’s official Twitter account is @bitcoin and its Facebook page is accessible here. The Reddit community for Bitcoin is https://reddit.com/r/bitcoin and the currency’s Github account can be viewed 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 Gemini, Coinbase or GDAX.

Receive News & Updates for Bitcoin Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for Bitcoin and related cryptocurrencies with MarketBeat.com's FREE CryptoBeat newsletter.