Bitcoin Price Reaches $78,306.14 on Exchanges (BTC)

Bitcoin (BTC) traded 0.3% lower against the U.S. dollar during the 1 day period ending at 10:00 AM E.T. on September 1st. In the last week, Bitcoin has traded 0.9% lower against the U.S. dollar. Bitcoin has a market cap of $1.57 trillion and approximately $1.61 billion worth of Bitcoin was traded on exchanges in the last day. One Bitcoin coin can currently be bought for approximately $78,306.14 on cryptocurrency exchanges.

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

• Arweave (AR) traded 9.1% higher against the dollar and now trades at $2.25 or 0.00002880 BTC.
• Bitcoin Cash (BCH) traded up 1.7% against the dollar and now trades at $248.84 or 0.00317773 BTC.
• Bitcoin SV (BSV) traded up 1.5% against the dollar and now trades at $15.90 or 0.00020310 BTC.
• eCash (XEC) traded up 0.9% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 20.1% higher against the dollar and now trades at $0.0024 or 0.00000003 BTC.

Bitcoin Profile

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 20,078,237 coins. The official message board for Bitcoin 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. The official website for Bitcoin 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 acquire Bitcoin using U.S. dollars directly can do so using Coinbase, GDAX or Gemini.

BTC/USD price chart by TradingView