From June 12-13 Bitcoin (BTC) has moved down more than -3.49%

June 13, 2018 - By Linda Rogers

It was bad day for Bitcoin (BTC), as it declined by $-238.900000000001 or -3.49%, touching $6609.37. Crypto Experts believe that Bitcoin (BTC) is looking for the $7270.307 goal. According to 8 analysts could reach $15833.0533680548. The highest price was $6881.9 and lowest of $6453.5 for June 12-13. The open was $6848.27. It last traded at Bitfinex exchange. Aproximately 77,317 BTC worth $514.70M was traded.

For a month, Bitcoin (BTC) tokens went down -23.79% from $8672.9 for coin. For 100 days BTC is down -42.23% from $11440.73. It traded at $8754.69 200 days ago. Bitcoin (BTC) has 17.09M coins mined with the market cap $112.96 billion. It has 21.00 million coins in circulation. It was founded on 03/01/2009. The Crypto BTC has PoW proof type and operates under SHA256 algorithm.

Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Although other cryptocurrencies have come before, Bitcoin is the first decentralized cryptocurrency – Its reputation has spawned copies and evolution in the space.

With the largest variety of markets and the biggest value – having reached a peak of 18 billion USD – Bitcoin is here to stay. As with any new invention, there can be improvements or flaws in the initial model however the community and a team of dedicated developers are pushing to overcome any obstacle they come across. It is also the most traded cryptocurrency and one of the main entry points for all the other cryptocurrencies. The price is as unstable as always and it can go up or down by 10%-20% in a single day.

Bitcoin is an SHA-256 POW coin with 21,000,000 total minable coins. The block time is 10 minutes. See below for a full range of Bitcoin markets where you can trade US Dollars for Bitcoin, crypto to Bitcoin and many other fiat currencies too.

Learn about the history of Bitcoin here and check out 50 crazy-fun facts about Bitcoin here!

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