Bitcoin 24 Hour Trading Volume Reaches $38.19 Billion (BTC)

Bitcoin (BTC) traded 2.6% higher against the dollar during the 24-hour period ending at 11:00 AM E.T. on March 28th. One Bitcoin coin can currently be purchased for $71,051.15 on major exchanges. In the last week, Bitcoin has traded up 7.3% against the dollar. Bitcoin has a market capitalization of $1,397.34 billion and approximately $38.19 billion worth of Bitcoin was traded on exchanges in the last 24 hours.

Here’s how related cryptocurrencies have performed in the last 24 hours:

• Bitcoin Cash (BCH) traded up 5.6% against the dollar and now trades at $566.56 or 0.00797392 BTC.
• Arweave (AR) traded 1.7% higher against the dollar and now trades at $41.93 or 0.00059008 BTC.
• Bitcoin SV (BSV) traded up 0.8% against the dollar and now trades at $92.58 or 0.00130302 BTC.
• eCash (XEC) traded 0.3% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Syscoin (SYS) traded 6.3% higher against the dollar and now trades at $0.28 or 0.00000400 BTC.

About Bitcoin

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 19,666,693 coins. The official website for Bitcoin is bitcoin.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. 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 US dollars directly can do so using Changelly, Coinbase or GDAX.

BTC/USD price chart by TradingView