Bitcoin SV Market Cap Tops $937.46 Million (BSV)

Bitcoin SV (BSV) traded 3.1% higher against the U.S. dollar during the 24-hour period ending at 14:00 PM ET on September 17th. During the last seven days, Bitcoin SV has traded down 6.2% against the U.S. dollar. One Bitcoin SV coin can now be bought for $47.45 or 0.00077823 BTC on popular cryptocurrency exchanges. Bitcoin SV has a market capitalization of $937.46 million and approximately $29.96 million worth of Bitcoin SV was traded on exchanges in the last 24 hours.

Here is how similar cryptocurrencies have performed during the last 24 hours:

• Bitcoin (BTC) traded up 5.5% against the dollar and now trades at $60,968.26 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 1.1% higher against the dollar and now trades at $315.92 or 0.00518174 BTC.
• Arweave (AR) traded down 0.5% against the dollar and now trades at $18.75 or 0.00030752 BTC.
• eCash (XEC) traded up 3.6% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded up 4.7% against the dollar and now trades at $0.10 or 0.00000170 BTC.

Bitcoin SV Coin Profile

BSV is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It launched on November 15th, 2018. Bitcoin SV’s total supply is 19,757,931 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.”

Buying and Selling Bitcoin SV

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

BSV/USD price chart by TradingView