Bitcoin (CURRENCY:BTC) traded 10.3% lower against the dollar during the 24-hour period ending at 18:00 PM Eastern on November 20th. In the last week, Bitcoin has traded down 31.1% against the dollar. One Bitcoin coin can now be purchased for approximately $4,380.07 on popular exchanges including ChaoEX, ZB.COM, Coinsquare and Bit-Z. Bitcoin has a total market capitalization of $76.15 billion and approximately $8.21 billion worth of Bitcoin was traded on exchanges in the last day.

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

  • Bitcoin Cash (BCH) traded 29.5% lower against the dollar and now trades at $219.64 or 0.05041754 BTC.
  • Steem (STEEM) traded 14.2% lower against the dollar and now trades at $0.39 or 0.00009031 BTC.
  • Unobtanium (UNO) traded 9.5% higher against the dollar and now trades at $48.39 or 0.01110773 BTC.
  • Counterparty (XCP) traded 9.9% lower against the dollar and now trades at $2.37 or 0.00054084 BTC.
  • Namecoin (NMC) traded down 6.5% against the dollar and now trades at $0.40 or 0.00009064 BTC.
  • Crown (CRW) traded down 10.4% against the dollar and now trades at $0.18 or 0.00004025 BTC.
  • CHIPS (CHIPS) traded flat against the dollar and now trades at $0.0500 or 0.00000902 BTC.
  • ATBCoin (ATB) traded down 14.2% against the dollar and now trades at $0.0136 or 0.00000312 BTC.
  • Terracoin (TRC) traded down 10.3% against the dollar and now trades at $0.0240 or 0.00000550 BTC.
  • UnbreakableCoin (UNB) traded flat against the dollar and now trades at $0.11 or 0.00001757 BTC.

About Bitcoin

Bitcoin (CRYPTO:BTC) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its genesis date was January 3rd, 2009. Bitcoin’s total supply is 17,386,150 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 /r/bitcoin and the currency’s Github account can be viewed here.

According to CryptoCompare, “Balances – block chain The block chain is a shared public ledger on which the entire Bitcoin network relies. All confirmed transactions are included in the block chain. This way, Bitcoin wallets can calculate their spendable balance and new transactions can be verified to be spending bitcoins that are actually owned by the spender. The integrity and the chronological order of the block chain are enforced with cryptography. Transactions – private keys A transaction is a transfer of value between Bitcoin wallets that gets included in the block chain. Bitcoin wallets keep a secret piece of data called a private key or seed, which is used to sign transactions, providing a mathematical proof that they have come from the owner of the wallet. The signature also prevents the transaction from being altered by anybody once it has been issued. All transactions are broadcast between users and usually begin to be confirmed by the network in the following 10 minutes, through a process called mining. Processing – mining Mining is a distributed consensus system that is used to confirm waiting transactions by including them in the block chain. It enforces a chronological order in the block chain, protects the neutrality of the network, and allows different computers to agree on the state of the system. To be confirmed, transactions must be packed in a block that fits very strict cryptographic rules that will be verified by the network. These rules prevent previous blocks from being modified because doing so would invalidate all following blocks. Mining also creates the equivalent of a competitive lottery that prevents any individual from easily adding new blocks consecutively in the block chain. This way, no individuals can control what is included in the block chain or replace parts of the block chain to roll back their own spends. “

Bitcoin Coin Trading

Bitcoin can be purchased on these cryptocurrency exchanges: Bitbank, CoinTiger, Bitinka, Upbit, Binance, Hotbit, Ovis, B2BX, DOBI trade, CoinEgg, Coinbase Pro, BiteBTC, IDAX, ChaoEX, Iquant, Tidex, BCEX, Korbit, OEX, Coinroom, Kucoin, UEX, HADAX, Coinsquare, Cobinhood, OOOBTC, Liquid, BitMart, OKEx, Cryptonex, BTCBOX, CEX.IO, Coinsuper, LBank, Coindeal, Coinone, Exrates, Cryptopia, EXX, Gate.io, Gemini, BtcTrade.im, Negocie Coins, YoBit, CoinBene, BitForex, BigONE, GOPAX, Simex, HitBTC, TOPBTC, Livecoin, Kryptono, Bitlish, LocalTrade, Mercatox, Coinbe, ABCC, Coinhub, Vebitcoin, Bit-Z, CPDAX, CoinEx, BitMEX, FCoin, Exmo, Poloniex, Bitfinex, Bitstamp, ZB.COM, CoinsBank, DragonEX, Paribu, BTC-Alpha, bitFlyer, BitBay, LakeBTC, LATOKEN, Fatbtc, Bitsane, Bittrex, C2CX, Instant Bitex, Bibox, Coincheck, MBAex, Sistemkoin, DigiFinex, QuadrigaCX, Bithumb, Trade By Trade, Zaif, InfinityCoin Exchange, xBTCe, Huobi, Allcoin, Kraken, IDCM, RightBTC and itBit. Investors seeking to trade Bitcoin using U.S. dollars directly can do so using Gemini, GDAX or Coinbase.

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