Bitcoin SV (BSV) Achieves Market Cap of $768.44 Million

Bitcoin SV (BSV) traded down 4% against the US dollar during the 1 day period ending at 13:00 PM Eastern on February 6th. One Bitcoin SV coin can currently be purchased for $38.77 or 0.00040193 BTC on major exchanges. Bitcoin SV has a total market capitalization of $768.44 million and approximately $47.02 million worth of Bitcoin SV was traded on exchanges in the last 24 hours. Over the last seven days, Bitcoin SV has traded down 22.3% against the US dollar.

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

• Bitcoin (BTC) traded down 0.4% against the dollar and now trades at $96,456.23 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 2.8% lower against the dollar and now trades at $317.88 or 0.00329562 BTC.
• Arweave (AR) traded down 5.5% against the dollar and now trades at $9.67 or 0.00010029 BTC.
• eCash (XEC) traded 3% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 3.6% lower against the dollar and now trades at $0.0642 or 0.00000067 BTC.

About Bitcoin SV

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 19,821,444 coins. Bitcoin SV’s official website 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 currently possible to purchase alternative cryptocurrencies such as Bitcoin SV directly using U.S. dollars. Investors seeking to acquire Bitcoin SV should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, GDAX or Coinbase. 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