Bitcoin (BTC) One Day Volume Hits $26.17 Billion

Bitcoin (BTC) traded 1.1% higher against the US dollar during the twenty-four hour period ending at 10:00 AM ET on September 9th. Over the last week, Bitcoin has traded up 2.4% against the US dollar. Bitcoin has a total market cap of $1.59 trillion and approximately $26.17 billion worth of Bitcoin was traded on exchanges in the last day. One Bitcoin coin can now be purchased for $79,124.57 on major cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed over the last day:

• Arweave (AR) traded down 3.9% against the dollar and now trades at $2.81 or 0.00003555 BTC.
• Bitcoin Cash (BCH) traded up 0.7% against the dollar and now trades at $257.62 or 0.00325585 BTC.
• Bitcoin SV (BSV) traded up 0.6% against the dollar and now trades at $16.95 or 0.00021419 BTC.
• eCash (XEC) traded 0.3% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 0.2% higher against the dollar and now trades at $0.0019 or 0.00000002 BTC.

About Bitcoin

BTC is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its launch date was July 13th, 2010. Bitcoin’s total supply is 20,081,909 coins. Bitcoin’s official Twitter account is @bitcoin and its Facebook page is accessible here. Bitcoin’s official website is bitcoin.org. Bitcoin’s official message board is bitcointalk.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 acquire Bitcoin using US dollars directly can do so using GDAX, Changelly or Gemini.

BTC/USD price chart by TradingView