Bitcoin Price Hits $67,232.40 (BTC)

Bitcoin (BTC) traded 0.9% lower against the U.S. dollar during the 24 hour period ending at 21:00 PM Eastern on October 17th. One Bitcoin coin can now be purchased for approximately $67,232.40 on exchanges. Over the last seven days, Bitcoin has traded 11.7% higher against the U.S. dollar. Bitcoin has a market cap of $1,329.13 billion and $32.98 billion worth of Bitcoin was traded on exchanges in the last day.

Here’s how related cryptocurrencies have performed over the last day:

• Bitcoin Cash (BCH) traded down 0.5% against the dollar and now trades at $369.61 or 0.00549757 BTC.
• Arweave (AR) traded 2.7% lower against the dollar and now trades at $18.60 or 0.00027671 BTC.
• Bitcoin SV (BSV) traded down 2.9% against the dollar and now trades at $50.27 or 0.00074767 BTC.
• eCash (XEC) traded down 4.3% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded down 2.7% against the dollar and now trades at $0.0999 or 0.00000149 BTC.

Bitcoin Coin Profile

Bitcoin (CRYPTO:BTC) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It was first traded on July 13th, 2010. Bitcoin’s total supply is 19,769,128 coins. Bitcoin’s official message board is bitcointalk.org. 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 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 acquire Bitcoin using U.S. dollars directly can do so using GDAX, Gemini or Changelly.

BTC/USD price chart by TradingView