BIT COIN BY THE NUMBERS... update. Oct 27

Bitcoin Price

We closed the day, October 26 2019, at a price of $9,244. That’s a decent 6.66 percent increase in 24 hours, or $577. It was the highest closing price in thirty-two days.

We’re still 53 percent below Bitcoin‘s all-time high of $20,089 (December 17 2017).

Bitcoin market cap

Bitcoin’s market cap ended the day at $166,547,360,782. It now commands 68 percent of the total crypto market.

Bitcoin volume

Yesterday’s volume of $44,496,255,609 was the highest in one hundred and twenty-one days, 186 percent above the year’s average, and 1 percent below the year’s high.

Bitcoin transactions

A total of 305,582 transactions were conducted yesterday, which is 8 percent below the year’s average and 32 percent below the year’s high.

Bitcoin transaction fee

Yesterday’s average transaction fee concerned $0.59. That’s $3.12 below the year’s high of $3.71.

Bitcoin distribution by address

As of now, there are 13,241 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, and the top 1000 34.5 percent.

Company with a market cap closest to Bitcoin

With a market capitalization of $168 billion, China Mobile has a market capitalization most similar to that of Bitcoin at the moment.

Bitcoin’s path towards $1 million

On November 29 2017 notorious Bitcoin evangelist John McAfee forecasts that Bitcoin would reach a price of $1 million by the end of 2020.

Unfortunately for him it’s 92.5 percent behind being on track. Bitcoin‘s price should have been $124,152 by now, according to dickline.info.

Bitcoin Energy Consumption

Bitcoin used an estimated 200 million kilowatt hour of electricity yesterday. On a yearly basis that would amount to 73 terawatt hour. That’s the equivalent of Austria’s energy consumption or 6,770,506 US households. Bitcoin’s energy consumption now represents 0.3% of the whole world’s electricity use.