Bitcoin (BTC) Price Tops $72,304.30 on Exchanges

Bitcoin (BTC) traded up 0.1% against the US dollar during the 1-day period ending at 0:00 AM ET on October 30th. During the last seven days, Bitcoin has traded up 7.6% against the US dollar. One Bitcoin coin can currently be bought for about $72,304.30 on exchanges. Bitcoin has a total market capitalization of $1,429.86 billion and $39.27 billion worth of Bitcoin was traded on exchanges in the last day.

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

• Bitcoin Cash (BCH) traded 1.5% lower against the dollar and now trades at $372.80 or 0.00515524 BTC.
• Arweave (AR) traded 3.3% lower against the dollar and now trades at $16.31 or 0.00022551 BTC.
• Bitcoin SV (BSV) traded 0.1% higher against the dollar and now trades at $51.33 or 0.00070985 BTC.
• eCash (XEC) traded down 0.9% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 2.1% lower against the dollar and now trades at $0.10 or 0.00000141 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 19,775,575 coins. Bitcoin’s official message board is bitcointalk.org. Bitcoin’s official Twitter account is @bitcoin and its Facebook page is accessible here. 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.

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 Changelly, Gemini or GDAX.

BTC/USD price chart by TradingView