Bitcoin Price Reaches $58,200.05 on Top Exchanges (BTC)
Bitcoin (CURRENCY:BTC) traded up 3.6% against the dollar during the one day period ending at 7:00 AM E.T. on March 22nd. In the last seven days, Bitcoin has traded 4.3% higher against the dollar. One Bitcoin coin can currently be bought for about $58,200.05 on popular exchanges. Bitcoin has a total market capitalization of $1,086.07 billion and approximately $47.68 billion worth of Bitcoin was traded on exchanges in the last day.
Here is how other cryptocurrencies have performed in the last day:
- Bitcoin Cash (BCH) traded up 1.1% against the dollar and now trades at $527.66 or 0.00906628 BTC.
- Bitcoin SV (BSV) traded 1.8% higher against the dollar and now trades at $203.95 or 0.00350421 BTC.
- Bitcoin Cash ABC (BCHA) traded 3.1% higher against the dollar and now trades at $19.20 or 0.00032987 BTC.
- Steem (STEEM) traded up 50.9% against the dollar and now trades at $0.83 or 0.00001419 BTC.
- PIXEL (PXL) traded 8.4% higher against the dollar and now trades at $0.16 or 0.00000280 BTC.
- DragonVein (DVC) traded up 67% against the dollar and now trades at $0.26 or 0.00000448 BTC.
- Namecoin (NMC) traded up 3.9% against the dollar and now trades at $1.57 or 0.00002699 BTC.
- Crown (CRW) traded 13.3% higher against the dollar and now trades at $0.18 or 0.00000308 BTC.
- Color Platform (CLR) traded up 25.5% against the dollar and now trades at $0.0156 or 0.00000027 BTC.
- DAOBet (BET) traded 3.3% higher against the dollar and now trades at $0.0110 or 0.00000019 BTC.
Bitcoin 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 18,660,962 coins. Bitcoin’s official website is bitcoin.org. The Reddit community for Bitcoin is /r/bitcoin and the currency’s Github account can be viewed here. The official message board for Bitcoin is bitcointalk.org. Bitcoin’s official Twitter account is @bitcoin and its Facebook page is accessible here.
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
Investors seeking to trade Bitcoin using US dollars directly can do so using Coinbase, Gemini or Changelly.
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|CryptoCurrency||USD||Change 1h||Change 24h||Change 7d|
|Bitcoin||0.52 %||3.31 %||2.26 %|
|Ethereum||0.58 %||3.65 %||0.98 %|
|Binance Coin||0.21 %||7.48 %||42.18 %|
|XRP||1.83 %||24.27 %||106.07 %|
|Tether||0.14 %||0.01 %||0.03 %|
|Polkadot||0.10 %||0.51 %||1.33 %|
|Cardano||0.93 %||1.03 %||2.90 %|
|Uniswap||0.46 %||0.58 %||0.62 %|
|Litecoin||1.10 %||2.36 %||9.40 %|
|Chainlink||0.35 %||0.45 %||0.71 %|
|Theta Network||0.78 %||0.49 %||7.76 %|
|Bitcoin Cash||1.76 %||3.95 %||13.72 %|
|Stellar||0.05 %||8.05 %||19.96 %|
|Filecoin||0.54 %||6.16 %||4.46 %|
|USD Coin||0.31 %||0.34 %||0.31 %|
|VeChain||3.06 %||10.37 %||53.52 %|
|Wrapped Bitcoin||0.63 %||3.53 %||2.23 %|
|TRON||0.64 %||0.56 %||29.69 %|
|Dogecoin||0.11 %||2.59 %||8.63 %|
|Solana||0.87 %||5.16 %||38.30 %|