itBit Bitcoin (in USD) Profile

USD 9.82  0.73%
Last 1 Month(s)
Trading Day 
itBit Bitcoin USD is online market maker for p2p internet cash denominated as Cryptocurrency. itBit Bitcoin USD is traded in US Dollars. USD cryptocurrencies are getting accepted more and more by many online vendors as a form of payment for goods or services. itBit Bitcoin USD has being active in the last 1 month and it is presently trading with a bearish sentiment.

itBit Bitcoin Summary

itBit Bitcoin USD (ITBIT-BTC) is traded on Cryptocurrency Exchange in USA. The company currently falls under 'Small-Cap' category with current market capitalization of 278.05 M.
Bitcoin is is one of many evolving digital currencies in which encryption is used to regulate the generation of units of currency and verify the transactions independently of a central authority. It is traded on 52 exchanges including LocalBitcoins, BitSquare, BTCE, OKCoin, CCEDK and Quoine in multiple currencies such as GEL, ILS, CNH, QAR and VND.

itBit Bitcoin USD Risk Profiles

itBit Bitcoin Against Markets

itBit Bitcoin correlation with market

Modest diversification
Overlapping area represents the amount of risk that can be diversified away by holding itBit Bitcoin USD and equity matching NYA index in the same portfolio. Please note that itBit Bitcoin USD is a digital instrument and cryptocurrency exchanges were notoriously volatile since the beginning of their establishment.

itBit Bitcoin Diversification Suggestion

Use itBit Bitcoin to protect against small markets fluctuations. The crypto experiences moderate downward daily trend and can be a good diversifier. Check odds of itBit Bitcoin to be traded at $1301.62 in 30 days
itBit Bitcoin USD is online digital money exchange where you can buy or sell Bitcoin for US Dollar. Bitcoin is peer-to-peer digital currency powered by the Blockchain technology.
NameitBit Bitcoin USD
InstrumentUSD Crypto
Exchange TypeCryptocurrency Exchange
CurrencyUSD - US Dollar
DirectoryCryptocurrency Directory
Coin TypeBitcoin
Market MakeritBit
Proof TypePoW
Latest Date TradedApril 27, 2017
Maximum Coin Supply21 M
Mining Start Date03/01/2009
Last Block ReportedApril 25, 2017
Difficulty Adjustment2016 blocks
Block Reward Reduction50%
Current Block Number463.5 K
Average Time To Mine a Block600
Current Network Hashes per Second3.3 B
Total Coins Mined16.3 M
Previous Total Coins Mined0.0
Latest Block Reward 12.5
Current Market Cap278 M


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