Bitcoin SV (BSV) Hits Market Cap of $659.85 Million

Bitcoin SV (BSV) traded 18.5% lower against the dollar during the twenty-four hour period ending at 23:00 PM ET on July 4th. One Bitcoin SV coin can currently be purchased for approximately $33.45 or 0.00060611 BTC on exchanges. Bitcoin SV has a market capitalization of $659.85 million and $45.39 million worth of Bitcoin SV was traded on exchanges in the last day. Over the last seven days, Bitcoin SV has traded 26.5% lower against the dollar.

Here’s how similar cryptocurrencies have performed over the last day:

• Bitcoin (BTC) traded down 6.4% against the dollar and now trades at $55,193.66 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded down 15.6% against the dollar and now trades at $305.20 or 0.00552963 BTC.
• Arweave (AR) traded 21.2% lower against the dollar and now trades at $20.26 or 0.00036708 BTC.
• eCash (XEC) traded down 12.1% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded down 18.2% against the dollar and now trades at $0.0921 or 0.00000167 BTC.

Bitcoin SV Coin Profile

Bitcoin SV (CRYPTO: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 19,724,431 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.”

Bitcoin SV Coin Trading

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 GDAX, Coinbase or Changelly. 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