Bitcoin Trading 7% Lower Over Last Week (BTC)

() traded 0.1% higher than the U.S. Dollar during the 24-hour period ending at 0:00 am ET on the 13th of May. Bitcoin's total market capitalization is $520.14 Billion. In the last 24 hour, $9.71 Billion worth of Bitcoin were traded. Bitcoin's value against the U.S. Dollar has fallen by 7% in the past week. On cryptocurrency exchanges, one Bitcoin coin costs about $26,849.02.

See how other cryptos have performed over the past 24 hours.

Bitcoin Cash (BCH), which is also known as Bitcoin, has traded at $114.09, or 0.00424939 BTC. This represents a 0.4% decline against the US dollar.

Bitcoin SV (BSV), which is now valued at $35.83, or 0.00133446 BTC, has traded up 2.9% in relation to the dollar.

eCash (XEC), which trades for $0.0000 or 0.00000000 BTC, is now 1% higher than the dollar.

Arweave (AR), which is currently trading at $6.42, or 0.00023923 BTC, has traded 1.8% lower than the dollar.

Syscoin (SYS), which is a cryptocurrency, has traded at $0.12 per dollar or 0.00000432 BTC.

It is a Proof-of-Work (PoW), coin that uses SHA-256 as its hashing algorithm. Its genesis was on July 13th 2010. Bitcoin has a total supply of 19,372,668 coin. Here is a link to the article
.

CryptoCompare states that Bitcoin is a decentralized cryptocurrency which uses peer-topeer technology to record transactions and a Blockchain. Satoshi Nakamoto created it and the first block of code was mined in January 2009. Blockchain is a distributed ledger where Bitcoin transactions can be verified by anyone. The miners verify the transactions and are rewarded by a certain amount of Bitcoin as well as transaction fees. Bitcoin's supply is limited to 21,000,000 coins, and is divisible up to eight decimal points. To use Bitcoin, you will need a wallet. It consists of two keys: a public one that is used for sending and receiving payments and a secret key used to control your wallet. Bitcoin can be used in a number of ways, such as for everyday transactions, a way to store value or even for investment.

Buy and Sell Bitcoin

MarketBeat.com’s FREE CryptoBeat Newsletter
.