Bitcoin SV Market Cap Hits $742.10 Million (BSV)

Bitcoin SV (BSV) traded 1.3% lower against the US dollar during the 1 day period ending at 12:00 PM Eastern on February 22nd. Over the last seven days, Bitcoin SV has traded down 4.9% against the US dollar. Bitcoin SV has a market cap of $742.10 million and $47.86 million worth of Bitcoin SV was traded on exchanges in the last 24 hours. One Bitcoin SV coin can currently be bought for approximately $37.43 or 0.00038725 BTC on exchanges.

Here’s how similar cryptocurrencies have performed over the last 24 hours:

• Bitcoin (BTC) traded down 0.4% against the dollar and now trades at $96,644.11 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 1.5% lower against the dollar and now trades at $321.10 or 0.00332246 BTC.
• Arweave (AR) traded 0.3% lower against the dollar and now trades at $9.74 or 0.00010077 BTC.
• eCash (XEC) traded down 0.6% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 1.1% lower against the dollar and now trades at $0.0689 or 0.00000071 BTC.

About Bitcoin SV

Bitcoin SV (CRYPTO:BSV) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It was first traded on November 15th, 2018. Bitcoin SV’s total supply is 19,828,650 coins. Bitcoin SV’s official Twitter account is @bsvblockchain and its Facebook page is accessible here. The official website for Bitcoin SV is www.bsvblockchain.org.

According to CryptoCompare, “Bitcoin SV (BSV) is a cryptocurrency resulting from a 2018 hard fork of Bitcoin Cash (BCH) due to disagreements within its community. Led by Craig Wright and Calvin Ayre, BSV aims to restore Satoshi Nakamoto’s original vision and scale the blockchain for more transactions. Its focus includes stability, scalability (increased block size limit to 2 GB), security, and safe instant transactions. BSV has faced controversy, particularly due to Wright’s unproven claims of being Bitcoin’s creator. It is essential to research a project’s goals, technology, and community before investing or participating.”

Bitcoin SV Coin Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as Bitcoin SV directly using U.S. dollars. Investors seeking to trade Bitcoin SV should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Bitcoin SV using one of the aforementioned exchanges.

BSV/USD price chart by TradingView