Bitcoin (BTC) Hits 24 Hour Volume of $50.73 Billion

Bitcoin (BTC) traded down 5.8% against the dollar during the 1 day period ending at 20:00 PM Eastern on April 2nd. Bitcoin has a market cap of $1,286.75 billion and $50.73 billion worth of Bitcoin was traded on exchanges in the last 24 hours. Over the last seven days, Bitcoin has traded down 6.6% against the dollar. One Bitcoin coin can now be bought for about $65,411.62 on major cryptocurrency exchanges.

Here is how similar cryptocurrencies have performed over the last 24 hours:

  • Bitcoin Cash (BCH) traded down 1.9% against the dollar and now trades at $632.17 or 0.00966451 BTC.
  • Arweave (AR) traded 5.3% lower against the dollar and now trades at $33.91 or 0.00051840 BTC.
  • Bitcoin SV (BSV) traded 8.6% lower against the dollar and now trades at $86.63 or 0.00132439 BTC.
  • eCash (XEC) traded down 6.2% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
  • Syscoin (SYS) traded 10.3% lower against the dollar and now trades at $0.27 or 0.00000408 BTC.

About 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 19,671,575 coins. Bitcoin’s official message board is bitcointalk.org. Bitcoin’s official website is bitcoin.org. 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.

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 acquire Bitcoin using US dollars directly can do so using Changelly, Coinbase or Gemini.

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