Bitcoin (BTC) Price Down 3.9% Over Last 7 Days

Bitcoin (BTC) traded down 3.6% against the U.S. dollar during the 1-day period ending at 19:00 PM ET on October 25th. In the last seven days, Bitcoin has traded 3.9% lower against the U.S. dollar. One Bitcoin coin can currently be bought for $65,700.60 on popular cryptocurrency exchanges. Bitcoin has a total market cap of $1,299.10 billion and approximately $39.34 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 down 6.2% against the dollar and now trades at $344.85 or 0.00525706 BTC.
• Arweave (AR) traded 15.4% lower against the dollar and now trades at $15.48 or 0.00023596 BTC.
• Bitcoin SV (BSV) traded down 8.1% against the dollar and now trades at $44.74 or 0.00068206 BTC.
• eCash (XEC) traded down 7.8% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 13.4% lower against the dollar and now trades at $0.0940 or 0.00000143 BTC.

Bitcoin Profile

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 19,773,000 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.”

Bitcoin Coin Trading

Investors seeking to acquire Bitcoin using U.S. dollars directly can do so using Changelly, Coinbase or Gemini.

BTC/USD price chart by TradingView