Bitcoin SV 1-Day Trading Volume Tops $47.56 Million (BSV)

Bitcoin SV (BSV) traded up 7.2% against the U.S. dollar during the 1 day period ending at 12:00 PM ET on March 2nd. One Bitcoin SV coin can now be bought for approximately $37.03 or 0.00039948 BTC on popular exchanges. During the last week, Bitcoin SV has traded 0.8% lower against the U.S. dollar. Bitcoin SV has a market capitalization of $734.48 million and $47.56 million worth of Bitcoin SV was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed during the last day:

• Bitcoin (BTC) traded up 8.9% against the dollar and now trades at $92,707.35 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded up 9.4% against the dollar and now trades at $338.13 or 0.00364723 BTC.
• Arweave (AR) traded up 8.7% against the dollar and now trades at $8.74 or 0.00009428 BTC.
• eCash (XEC) traded 9.6% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 7.8% higher against the dollar and now trades at $0.0639 or 0.00000069 BTC.

About Bitcoin SV

BSV is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its launch date was November 15th, 2018. Bitcoin SV’s total supply is 19,832,197 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 buy alternative cryptocurrencies such as Bitcoin SV directly using U.S. dollars. Investors seeking to acquire Bitcoin SV should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Bitcoin SV using one of the exchanges listed above.

BSV/USD price chart by TradingView