Bitcoin (BTC) Price Tops $59,329.78 on Exchanges

Bitcoin (BTC) traded 5.7% lower against the U.S. dollar during the 24-hour period ending at 15:00 PM E.T. on April 30th. One Bitcoin coin can currently be bought for about $59,329.78 on popular exchanges. During the last seven days, Bitcoin has traded 10.7% lower against the U.S. dollar. Bitcoin has a market capitalization of $1,168.34 billion and $35.26 billion worth of Bitcoin was traded on exchanges in the last 24 hours.

Here is how other cryptocurrencies have performed during the last 24 hours:

• Bitcoin Cash (BCH) traded down 6.7% against the dollar and now trades at $428.49 or 0.00722220 BTC.
• Arweave (AR) traded 12.1% lower against the dollar and now trades at $30.22 or 0.00050931 BTC.
• Bitcoin SV (BSV) traded 8.2% lower against the dollar and now trades at $59.22 or 0.00099816 BTC.
• eCash (XEC) traded down 6.4% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 11.3% lower against the dollar and now trades at $0.19 or 0.00000313 BTC.

About Bitcoin

Bitcoin 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 19,692,328 coins. 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. The official message board for Bitcoin is bitcointalk.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 GDAX, Changelly or Coinbase.

BTC/USD price chart by TradingView