Bitcoin SV (BSV) Market Capitalization Hits $944.85 Million

Bitcoin SV (BSV) traded 2.7% lower against the US dollar during the 24 hour period ending at 22:00 PM ET on October 22nd. Bitcoin SV has a market capitalization of $944.85 million and $28.37 million worth of Bitcoin SV was traded on exchanges in the last 24 hours. One Bitcoin SV coin can now be bought for about $47.78 or 0.00071216 BTC on popular cryptocurrency exchanges. During the last seven days, Bitcoin SV has traded down 6.7% against the US dollar.

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

  • Bitcoin (BTC) traded 0.6% lower against the dollar and now trades at $67,092.77 or 1.00000000 BTC.
  • Bitcoin Cash (BCH) traded 2.9% lower against the dollar and now trades at $353.90 or 0.00527452 BTC.
  • Arweave (AR) traded 1.6% lower against the dollar and now trades at $18.23 or 0.00027176 BTC.
  • eCash (XEC) traded 2.1% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Syscoin (SYS) traded 1% higher against the dollar and now trades at $0.11 or 0.00000157 BTC.

Bitcoin SV Profile

Bitcoin SV (CRYPTO: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 19,773,706 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.”

Bitcoin SV Coin Trading

It is usually not 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 Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Bitcoin SV using one of the exchanges listed above.

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