Bitcoin Price Reaches $77,245.02 on Top Exchanges (BTC)

Bitcoin (BTC) traded 1.4% higher against the US dollar during the 1-day period ending at 11:00 AM E.T. on May 20th. During the last week, Bitcoin has traded down 2.8% against the US dollar. One Bitcoin coin can now be purchased for $77,245.02 on popular exchanges. Bitcoin has a total market cap of $1.55 trillion and approximately $1.35 billion worth of Bitcoin was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed during the last day:

• Arweave (AR) traded 6.3% higher against the dollar and now trades at $2.23 or 0.00002882 BTC.
• Bitcoin Cash (BCH) traded up 0.3% against the dollar and now trades at $366.62 or 0.00474622 BTC.
• Bitcoin SV (BSV) traded up 1.6% against the dollar and now trades at $15.11 or 0.00019564 BTC.
• eCash (XEC) traded 1% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 4.4% higher against the dollar and now trades at $0.0040 or 0.00000005 BTC.

About Bitcoin

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 20,032,021 coins. Bitcoin’s official Twitter account is @bitcoin and its Facebook page is accessible here. The official website for Bitcoin 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 message board 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 acquire Bitcoin using US dollars directly can do so using Changelly, Gemini or Coinbase.

BTC/USD price chart by TradingView