Bitcoin (BTC) Reaches Market Cap of $1,119.24 Billion
Bitcoin (CURRENCY:BTC) traded up 1.4% against the US dollar during the one day period ending at 7:00 AM Eastern on April 2nd. Bitcoin has a total market capitalization of $1,119.24 billion and approximately $59.88 billion worth of Bitcoin was traded on exchanges in the last day. One Bitcoin coin can currently be purchased for approximately $59,944.14 on exchanges. During the last seven days, Bitcoin has traded up 12% against the US dollar.
Here’s how other cryptocurrencies have performed during the last day:
- Bitcoin Cash (BCH) traded 4.4% higher against the dollar and now trades at $565.78 or 0.00943853 BTC.
- Bitcoin SV (BSV) traded up 7.8% against the dollar and now trades at $235.46 or 0.00392792 BTC.
- Bitcoin Cash ABC (BCHA) traded up 0.3% against the dollar and now trades at $31.02 or 0.00051755 BTC.
- Steem (STEEM) traded 2.2% lower against the dollar and now trades at $1.22 or 0.00002037 BTC.
- PIXEL (PXL) traded up 15.3% against the dollar and now trades at $0.22 or 0.00000373 BTC.
- DragonVein (DVC) traded up 18.2% against the dollar and now trades at $0.37 or 0.00000622 BTC.
- Namecoin (NMC) traded 1.5% higher against the dollar and now trades at $1.61 or 0.00002682 BTC.
- Crown (CRW) traded up 0.1% against the dollar and now trades at $0.18 or 0.00000300 BTC.
- DAOBet (BET) traded up 2.9% against the dollar and now trades at $0.0127 or 0.00000021 BTC.
- Color Platform (CLR) traded 20.1% lower against the dollar and now trades at $0.0112 or 0.00000019 BTC.
Bitcoin Coin Profile
Bitcoin (BTC) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its genesis date was January 3rd, 2009. Bitcoin’s total supply is 18,671,450 coins. The Reddit community for Bitcoin is /r/bitcoin and the currency’s Github account can be viewed here. Bitcoin’s official website is bitcoin.org. Bitcoin’s official message board 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 acquire Bitcoin using U.S. dollars directly can do so using Coinbase, Changelly or Gemini.
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|CryptoCurrency||USD||Change 1h||Change 24h||Change 7d|
|Bitcoin||1.08 %||0.84 %||11.62 %|
|Ethereum||0.10 %||6.14 %||22.17 %|
|Binance Coin||0.56 %||3.83 %||42.94 %|
|XRP||1.61 %||2.47 %||89.68 %|
|Tether||0.22 %||0.17 %||0.10 %|
|Cardano||0.90 %||1.82 %||21.05 %|
|Polkadot||2.16 %||2.41 %||9.08 %|
|Uniswap||0.55 %||0.17 %||26.93 %|
|Litecoin||0.66 %||1.01 %||24.13 %|
|Chainlink||1.47 %||10.37 %||28.63 %|
|Dogecoin||1.59 %||16.06 %||116.56 %|
|Bitcoin Cash||0.74 %||1.14 %||29.77 %|
|Stellar||0.79 %||6.08 %||29.85 %|
|Theta Network||0.31 %||2.60 %||1.04 %|
|VeChain||1.81 %||10.69 %||63.55 %|
|USD Coin||0.17 %||0.15 %||0.26 %|
|Filecoin||0.87 %||5.37 %||10.27 %|
|TRON||0.92 %||7.52 %||24.57 %|
|Wrapped Bitcoin||0.60 %||0.77 %||11.69 %|
|Klaytn||14.15 %||9.48 %||3.18 %|