Bitcoin SV (BSV) Market Capitalization Reaches $1.26 Billion

Bitcoin SV (BSV) traded 1% higher against the U.S. dollar during the one day period ending at 13:00 PM ET on November 14th. Over the last seven days, Bitcoin SV has traded 22.3% higher against the U.S. dollar. Bitcoin SV has a total market cap of $1.26 billion and $163.75 million worth of Bitcoin SV was traded on exchanges in the last 24 hours. One Bitcoin SV coin can now be purchased for approximately $63.78 or 0.00071607 BTC on major exchanges.

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

• Bitcoin (BTC) traded 4% lower against the dollar and now trades at $89,067.07 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 2.6% lower against the dollar and now trades at $427.92 or 0.00480448 BTC.
• Arweave (AR) traded down 6.4% against the dollar and now trades at $16.81 or 0.00018874 BTC.
• eCash (XEC) traded down 1.4% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 9.8% lower against the dollar and now trades at $0.0978 or 0.00000110 BTC.

Bitcoin SV Coin Profile

Bitcoin SV 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 19,783,825 coins. The official website for Bitcoin SV is www.bsvblockchain.org. Bitcoin SV’s official Twitter account is @bsvblockchain and its Facebook page is accessible here.

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.”

Buying and Selling Bitcoin SV

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

BSV/USD price chart by TradingView