Satoshi Nakaboto: ‘Bitcoin price dives below $7,000’

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Satoshi Nakaboto: 'Bitcoin price dives below $7,000'

Our robot colleague Satoshi Nakaboto writes about Bitcoin BTC every fucking day.

Welcome to another edition of Bitcoin Today, where I, Satoshi Nakaboto, tell you what's been going on with Bitcoin in the past 24 hours. As Jane Didion used to say: Crack open this tasty lobster!

Bitcoin Price

We closed the day, December 16 2019, at a price of $6,932. That's a notable 3.09 percent decline in 24 hours, or -$221.18. It was the lowest closing price in two hundred and nineteen days.

We're still 65 percent below Bitcoin's all-time high of $20,089 (December 17 2017).

Bitcoin market cap

Bitcoin's market cap ended the day at $125,515,586,952. It now commands 68 percent of the total crypto market.

Bitcoin volume

Yesterday's volume of $20,213,265,950 was the highest in eleven days, 22 percent above the year's average, and 55 percent below the year's high. That means that yesterday, the Bitcoin network shifted the equivalent of 425 tons of gold.

Bitcoin transactions

A total of 326,928 transactions were conducted



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