Bitcoin SV (BSV) Reaches Market Capitalization of $973.21 Million

Bitcoin SV (BSV) traded 4.4% lower against the US dollar during the 1-day period ending at 22:00 PM Eastern on October 21st. Bitcoin SV has a market capitalization of $973.21 million and $33.32 million worth of Bitcoin SV was traded on exchanges in the last 24 hours. One Bitcoin SV coin can currently be purchased for about $49.22 or 0.00072788 BTC on popular cryptocurrency exchanges. During the last seven days, Bitcoin SV has traded down 2.6% against the US dollar.

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

• Bitcoin (BTC) traded 2.2% lower against the dollar and now trades at $67,615.39 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 2.5% lower against the dollar and now trades at $365.85 or 0.00541049 BTC.
• Arweave (AR) traded down 4.6% against the dollar and now trades at $18.62 or 0.00027541 BTC.
• eCash (XEC) traded 4.1% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 2% lower against the dollar and now trades at $0.10 or 0.00000155 BTC.

About Bitcoin SV

BSV is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its genesis date was November 15th, 2018. Bitcoin SV’s total supply is 19,773,200 coins. Bitcoin SV’s official Twitter account is @bsvblockchain and its Facebook page is accessible here. Bitcoin SV’s official website 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 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 Coinbase, Changelly or Gemini. 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