Bitcoin (BTC) Reaches Market Capitalization of $1,142.15 Billion

Bitcoin (BTC) traded up 1.2% against the U.S. dollar during the one day period ending at 20:00 PM E.T. on July 12th. One Bitcoin coin can now be bought for $57,917.91 on popular cryptocurrency exchanges. Over the last seven days, Bitcoin has traded 2.5% higher against the U.S. dollar. Bitcoin has a market capitalization of $1,142.15 billion and $25.49 billion worth of Bitcoin was traded on exchanges in the last 24 hours.

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

• Bitcoin Cash (BCH) traded 6.7% higher against the dollar and now trades at $370.27 or 0.00639308 BTC.
• Arweave (AR) traded down 1.3% against the dollar and now trades at $23.85 or 0.00041184 BTC.
• Bitcoin SV (BSV) traded 3.1% higher against the dollar and now trades at $39.20 or 0.00067675 BTC.
• eCash (XEC) traded 1.2% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded up 2.3% against the dollar and now trades at $0.11 or 0.00000186 BTC.

Bitcoin Coin Profile

Bitcoin (CRYPTO: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 19,720,150 coins. Bitcoin’s official website is bitcoin.org. Bitcoin’s official message board is bitcointalk.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.

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 GDAX, Gemini or Coinbase.

BTC/USD price chart by TradingView