Bitcoin (BTC) Hits Market Capitalization of $1,857.98 Billion

Bitcoin (BTC) traded 7.9% lower against the dollar during the 1-day period ending at 8:00 AM Eastern on December 20th. In the last week, Bitcoin has traded down 6.4% against the dollar. One Bitcoin coin can currently be bought for $93,843.49 on popular cryptocurrency exchanges. Bitcoin has a total market capitalization of $1,857.98 billion and $118.66 billion worth of Bitcoin was traded on exchanges in the last day.

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

• Bitcoin Cash (BCH) traded down 15.1% against the dollar and now trades at $409.40 or 0.00436255 BTC.
• Arweave (AR) traded 13.5% lower against the dollar and now trades at $15.52 or 0.00016540 BTC.
• Bitcoin SV (BSV) traded down 12.4% against the dollar and now trades at $50.26 or 0.00053561 BTC.
• eCash (XEC) traded down 12.4% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded down 12.8% against the dollar and now trades at $0.0997 or 0.00000106 BTC.

About Bitcoin

Bitcoin (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 19,798,690 coins. The official message board for Bitcoin is bitcointalk.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. Bitcoin’s official website is bitcoin.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.”

Bitcoin Coin Trading

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

BTC/USD price chart by TradingView