Bytom BTM Coin Analysis and Markets in 2020

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Last modified on 11. October 2020

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Quarters

Quick Facts

Bytom is a relatively large cryptocurrency. In early October 2020, it had a market capitalization of over US$ 94 million, accounting for about 0.027 percent of the digital currency market.¹^|2 BTM is its ticker symbol.

The user known as hl5460 announced the launch of Bytom on 20 June 2017 at bitcointalk.org. coinmarketcap.com subsequently launched the tracking of real-time trading data in September 2017.

http://bytom.io

Quarterly Averages

This section presents the quarterly averages (trimester) for trading volume, market capitalization and trading price for 2017, 2018, 2019 and 2020.

Trading Volume & Market Capitalization

For example, Bytom had an average trading volume of nearly US$ 3.4 m per day for the first trimester of 2019. This figure came to over US$ 21.8 m during the same period the year before. The corresponding downward retracement of trading volume equated to 84.6 percent.

For the first trimester of 2019, the average market capitalization equated to nearly US$ 88 m. This figure came to over US$ 392 m during the same period the year before. The corresponding drop down in market capitalization equated to 77.6 percent.

Trading Price

The average trading price in the first trimester of 2019 equated to US$ 0.090246. This figure came to over US$ 0.42 during the same period of 2018. The price dropped accordingly by 78.7 percent.

The all-time high of Bytom in 2018

Bytom BTM Price analysis generated by coindashboards.com — Price analysis for the most important moments in Bytom’s trading history (BTM)

The Bytom currency reached a peak in April 2018 at US$ 1.17. At this trading price, the coin reached a market capitalization of nearly US$ 1.1 billion. This put Bytom around certain other digital currencies, such as Zcash, Nano, Bitcoin Private, Verge and Bytecoin, among others.

Bytoms all-time high compared to Bitcoin and the most renowned companies worldwide

Bitcoin, by far the largest cryptocurrency at the time, had a market capitalization of US$ 165 billion on that day. Apple Inc., one of the most highly valued brands in the world, stood at US$ 827 billion. And Volkswagen AG, the world’s largest vehicle manufacturer as of 2018, at US$ 102 billion.

Bytom (BTM): 1.1 bn US dollars
Bitcoin (BTC): 165 bn US dollars
Apple (AAPL): 827 bn US dollars
VW (VWAGY): 102 bn US dollars
Date: 24 April 2018

March 2019: an interesting date following the big cryptocurrency crash

On 1 March 2019, the price of Bytom stood at US$ 0.090404 with a market capitalization of nearly US$ 89 million. This is a drop down to approximately 7.7 percent compared with the peak trading price described above.

Around that time, Ethereum dropped to about 9.7 and Bitcoin to approximately 19.5 percent of their all-time-high trading prices.

More Details

The Bytom-Coin is a native coin and is created via mining. It has an upper limit of exactly 2.1 billion coins. If you are interested in the source code, be sure to also visit the GitHub page.

Bytom transactions currently in progress can be tracked using this block explorer, which also displays block height and other real-time metrics.

To delve deeper into the world of Bytom, download the white paper or find more links to community forums, source code and social media channels, visit http://bytom.io.

Markets

Bytom BTM Market analysis generated by coindashboards.com — Markets on which Bytom (BTM) can be traded

USD

The trading platforms for buying or selling Bytom in USD are Huobi Global, OKEx and BitMax, among others.

BTC

There are a number of platforms where you can buy or sell Bytom, including BitMax, Huobi Global and OKEx, among others.

Social Links

Visit the following social media channels to speak directly to the Bytom team:

^{1. Or 0.0638 percent, if omitting Bitcoin.}

^{2. Read about our sources}