Bitcoin SV (BSV) Market Cap Hits $1.32 Billion

Bitcoin SV (BSV) traded up 0.9% against the U.S. dollar during the 1 day period ending at 9:00 AM E.T. on April 20th. One Bitcoin SV coin can currently be purchased for about $66.90 or 0.00104651 BTC on cryptocurrency exchanges. Bitcoin SV has a market capitalization of $1.32 billion and $49.17 million worth of Bitcoin SV was traded on exchanges in the last 24 hours. During the last seven days, Bitcoin SV has traded down 14.3% against the U.S. dollar.

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

• Bitcoin (BTC) traded 1.7% lower against the dollar and now trades at $63,931.27 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded up 2.2% against the dollar and now trades at $489.09 or 0.00765020 BTC.
• Arweave (AR) traded 9.6% higher against the dollar and now trades at $30.12 or 0.00047119 BTC.
• eCash (XEC) traded up 1.8% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Syscoin (SYS) traded up 16.9% against the dollar and now trades at $0.26 or 0.00000408 BTC.

Bitcoin SV Profile

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 19,690,434 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 Changelly, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Bitcoin SV using one of the exchanges listed above.

BSV/USD price chart by TradingView