Over the last 24 hours, Bitcoin has been trading sideways, with price sitting just above $3,600, about 6% higher than last week.
Bitcoin has been maintaining its key resistance level above $3,500, and is continuing to push upwards. Volume has also been steadily rising over the last week.
Bitcoin weekly charts show price has maintained a relatively steady course, while its monthly price is on the same path. Trade volumes have now surpassed $6 billion, 20% more than the previous week, implying another sudden shift in BTC price. Hopefully, Bitcoin will continue to trade sideways until another push upwards.
Current live Bitcoin pricing information and interactive charts are available on our site 24 hours a day. The ticker bar at the top of every page on our site has the latest Bitcoin price. Pricing is also available in a range of different currency equivalents:
US Dollar – BTCtoUSD
British Pound Sterling – BTCtoGBP
Japanese Yen – BTCtoJPY
Euro – BTCtoEUR
Australian Dollar – BTCtoAUD
Russian Rouble – BTCtoRUB
In August 2008, the domain name bitcoin.org was registered. On 31st October 2008, a paper was published called “Bitcoin: A Peer-to-Peer Electronic Cash System”. This was authored by Satoshi Nakamoto, the inventor of Bitcoin. To date, no one knows who this person, or people, are.
The paper outlined a method of using a P2P network for electronic transactions without “relying on trust”. On 3rd January 2009, the Bitcoin network came into existence. Nakamoto mined block number “0” (or the “genesis block”) which had a reward of 50 Bitcoins.
More Bitcoin news and information
As with any investment, it pays to do some homework before you part with your money. The prices of cryptocurrencies are volatile and go up and down quickly. This page is not recommending a particular currency or whether you should invest or not.
Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.