Bitcoin SV Market Capitalization Tops $1.02 Billion (BSV)

Bitcoin SV (BSV) traded 1.3% higher against the US dollar during the 1-day period ending at 22:00 PM ET on October 29th. One Bitcoin SV coin can currently be purchased for $51.37 or 0.00071027 BTC on cryptocurrency exchanges. Bitcoin SV has a total market capitalization of $1.02 billion and $72.39 million worth of Bitcoin SV was traded on exchanges in the last day. During the last week, Bitcoin SV has traded up 7.1% against the US dollar.

Here’s how other cryptocurrencies have performed during the last day:

• Bitcoin (BTC) traded 3.3% higher against the dollar and now trades at $72,323.09 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded up 4.4% against the dollar and now trades at $380.65 or 0.00526313 BTC.
• Arweave (AR) traded up 2.8% against the dollar and now trades at $16.71 or 0.00023098 BTC.
• eCash (XEC) traded 2.3% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded up 3% against the dollar and now trades at $0.10 or 0.00000143 BTC.

Bitcoin SV Coin Profile

Bitcoin SV (BSV) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It was first traded on November 15th, 2018. Bitcoin SV’s total supply is 19,776,809 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 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 Coinbase. 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