Bitcoin (BTC) Price Reaches $72,098.98

Bitcoin (BTC) traded up 4.5% against the U.S. dollar during the 24-hour period ending at 20:00 PM E.T. on March 11th. One Bitcoin coin can currently be bought for about $72,098.98 on exchanges. Bitcoin has a total market cap of $1,416.87 billion and approximately $65.71 billion worth of Bitcoin was traded on exchanges in the last 24 hours. Over the last seven days, Bitcoin has traded 5.5% higher against the U.S. dollar.

Here’s how similar cryptocurrencies have performed over the last 24 hours:

  • Bitcoin Cash (BCH) traded up 5.8% against the dollar and now trades at $448.74 or 0.00622392 BTC.
  • Arweave (AR) traded down 4.1% against the dollar and now trades at $39.64 or 0.00054979 BTC.
  • Bitcoin SV (BSV) traded up 6.3% against the dollar and now trades at $115.86 or 0.00160702 BTC.
  • eCash (XEC) traded up 3.4% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
  • Syscoin (SYS) traded up 22.7% against the dollar and now trades at $0.34 or 0.00000465 BTC.

Bitcoin Coin 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 19,651,693 coins. The official website for Bitcoin is bitcoin.org. Bitcoin’s official Twitter account is @bitcoin and its Facebook page is accessible here. Bitcoin’s official message board is bitcointalk.org. The Reddit community for Bitcoin is https://reddit.com/r/bitcoin and the currency’s Github account can be viewed 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 trade Bitcoin using US dollars directly can do so using Gemini, Changelly or GDAX.

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