Satoshi Nakaboto: ‘Bitcoin rises for third day in a row’
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 Habermass used to say: Fight the power!
We closed the day, October 27 2019, at a price of $9,551. That’s a respectable 3.35 percent increase in 24 hours, or $310. It was the highest closing price in thirty-three days.
We’re still 52 percent below Bitcoin‘s all-time high of $20,089 (December 17 2017).
Bitcoin market cap
Bitcoin’s market cap ended the day at $172,087,039,875. It now commands 68 percent of the total crypto market.
Yesterday’s volume of $32,593,129,501 was the lowest in one day, 108 percent above the year’s average, and 27 percent below the year’s high. That means that yesterday, the Bitcoin network shifted the equivalent of 673 tons of gold.
A total of 256,138 transactions were conducted yesterday, which is 23 percent below the year’s average and 43 percent below the year’s high.
Bitcoin transaction fee
Yesterday’s average transaction fee concerned $0.62. That’s $3.09 below the year’s high of $3.71.
Bitcoin distribution by address
As of now, there are 13,434 Bitcoin millionaires, or addresses containing more than $1 million worth of Bitcoin.
Furthermore, the top 10 Bitcoin addresses house 5.6 percent of the total supply, the top 100 14.5 percent, a