Bitcoin (BTC) Market Cap Reaches $186.04 Billion

   2019-08-02 02:08

Bitcoin (CURRENCY:BTC) traded up 3.8% against the dollar during the one day period ending at 22:00 PM ET on August 1st. One Bitcoin coin can currently be purchased for approximately $10,421.31 on exchanges including ZB.COM, B2BX, DigiFinex and Bibox. Over the last week, Bitcoin has traded up 6.3% against the dollar. Bitcoin has a total market cap of $186.04 billion and approximately $16.93 billion worth of Bitcoin was traded on exchanges in the last 24 hours.

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



  • Bitcoin Cash (BCH) traded up 0.9% against the dollar and now trades at $326.60 or 0.03132201 BTC.
  • Steem (STEEM) traded down 1.6% against the dollar and now trades at $0.23 or 0.00002250 BTC.
  • Unobtanium (UNO) traded 6.5% lower against the dollar and now trades at $115.70 or 0.01109448 BTC.
  • Namecoin (NMC) traded up 26.9% against the dollar and now trades at $0.82 or 0.00007899 BTC.
  • Counterparty (XCP) traded 3.1% higher against the dollar and now trades at $2.24 or 0.00021457 BTC.
  • Crown (CRW) traded up 4.8% against the dollar and now trades at $0.0753 or 0.00000722 BTC.
  • Terracoin (TRC) traded 4% higher against the dollar and now trades at $0.0318 or 0.00000305 BTC.
  • CHIPS (CHIPS) traded flat against the dollar and now trades at $0.0205 or 0.00000392 BTC.
  • Zetacoin (ZET) traded 0.1% higher against the dollar and now trades at $0.0017 or 0.00000017 BTC.
  • UnbreakableCoin (UNB) traded flat against the dollar and now trades at $0.11 or 0.00001757 BTC.

About Bitcoin

Bitcoin (BTC) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It was first traded on January 3rd, 2009. Bitcoin’s total supply is 17,852,025 coins. The official website for Bitcoin is bitcoin.org. Bitcoin’s official Twitter account is @bitcoin and its Facebook page is accessible here. The Reddit community for Bitcoin is /r/bitcoin and the currency’s Github account can be viewed here. Bitcoin’s official message board is bitcointalk.org.

According to CryptoCompare, “Balances – block chain The block chain is a shared public ledger on which the entire Bitcoin network relies. All confirmed transactions are included in the block chain. This way, Bitcoin wallets can calculate their spendable balance and new transactions can be verified to be spending bitcoins that are actually owned by the spender. The integrity and the chronological order of the block chain are enforced with cryptography. Transactions – private keys A transaction is a transfer of value between Bitcoin wallets that gets included in the block chain. Bitcoin wallets keep a secret piece of data called a private key or seed, which is used to sign transactions, providing a mathematical proof that they have come from the owner of the wallet. The signature also prevents the transaction from being altered by anybody once it has been issued. All transactions are broadcast between users and usually begin to be confirmed by the network in the following 10 minutes, through a process called mining. Processing – mining Mining is a distributed consensus system that is used to confirm waiting transactions by including them in the block chain. It enforces a chronological order in the block chain, protects the neutrality of the network, and allows different computers to agree on the state of the system. To be confirmed, transactions must be packed in a block that fits very strict cryptographic rules that will be verified by the network. These rules prevent previous blocks from being modified because doing so would invalidate all following blocks. Mining also creates the equivalent of a competitive lottery that prevents any individual from easily adding new blocks consecutively in the block chain. This way, no individuals can control what is included in the block chain or replace parts of the block chain to roll back their own spends.”

Buying and Selling Bitcoin

Bitcoin can be bought or sold on the following cryptocurrency exchanges: MBAex, Coinsquare, BCEX, Coinone, Fatbtc, Mercatox, bitFlyer, BitMEX, Paribu, CoinEx, GOPAX, Zaif, Exrates, LakeBTC, LBank, Cryptopia, Ovis, BitBay, BTC-Alpha, Bitinka, BTCBOX, BigONE, BiteBTC, BtcTrade.im, Bitlish, Iquant, Cobinhood, HitBTC, C2CX, OKEx, Hotbit, Allcoin, Kryptono, Instant Bitex, Bitbank, CEX.IO, TOPBTC, Gemini, IDCM, Coinhub, InfinityCoin Exchange, Bittrex, Binance, Coincheck, CoinTiger, Exmo, DOBI trade, Bitstamp, Tidex, OEX, ABCC, QuadrigaCX, Upbit, itBit, CoinsBank, LocalTrade, Kraken, LATOKEN, CPDAX, Simex, Gate.io, Bit-Z, RightBTC, Bibox, Coinsuper, Coinbe, DigiFinex, B2BX, FCoin, OOOBTC, BitForex, ChaoEX, CoinBene, Sistemkoin, Bitsane, HADAX, BitMart, DragonEX, Vebitcoin, Trade By Trade, Coinbase Pro, YoBit, Cryptonex, Liquid, Poloniex, UEX, IDAX, Bitfinex, EXX, CoinEgg, Coinroom, Huobi, Negocie Coins, Kucoin, Coindeal, Bithumb, Livecoin, Covesting, xBTCe, Korbit and ZB.COM. Investors seeking to trade Bitcoin using U.S. dollars directly can do so using Gemini, GDAX or Coinbase.

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