Bitcoin (BTC) Trading Down 0.4% This Week

Bitcoin (BTC) traded 1% higher against the US dollar during the 24-hour period ending at 18:00 PM E.T. on February 6th. One Bitcoin coin can currently be purchased for about $43,184.27 on major cryptocurrency exchanges. Bitcoin has a market capitalization of $847.29 billion and $959.31 million worth of Bitcoin was traded on exchanges in the last day. Over the last seven days, Bitcoin has traded 0.4% lower against the US dollar.

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

  • Bitcoin Cash (BCH) traded up 0.2% against the dollar and now trades at $235.53 or 0.00545405 BTC.
  • Bitcoin SV (BSV) traded up 2.4% against the dollar and now trades at $71.90 or 0.00166489 BTC.
  • eCash (XEC) traded 0.8% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Arweave (AR) traded 4.5% lower against the dollar and now trades at $7.88 or 0.00018237 BTC.
  • Syscoin (SYS) traded up 2% against the dollar and now trades at $0.12 or 0.00000267 BTC.

Bitcoin Profile

BTC is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its genesis date was July 13th, 2010. Bitcoin’s total supply is 19,620,400 coins. Bitcoin’s official website is The Reddit community for Bitcoin is and the currency’s Github account can be viewed here. The official message board for Bitcoin is Bitcoin’s official Twitter account is @bitcoin and its Facebook page is accessible here.

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 Coinbase, GDAX or Gemini.

Receive News & Updates for Bitcoin Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for Bitcoin and related cryptocurrencies with's FREE CryptoBeat newsletter.