Bitcoin SV (BSV) Market Capitalization Achieves $1.24 Billion

Bitcoin SV (BSV) traded 0% higher against the U.S. dollar during the twenty-four hour period ending at 14:00 PM ET on May 29th. One Bitcoin SV coin can now be bought for about $62.76 or 0.00093130 BTC on popular exchanges. Over the last week, Bitcoin SV has traded down 5.2% against the U.S. dollar. Bitcoin SV has a total market cap of $1.24 billion and approximately $42.13 million worth of Bitcoin SV was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed over the last day:

  • Bitcoin (BTC) traded 0.7% lower against the dollar and now trades at $67,391.00 or 1.00000000 BTC.
  • Bitcoin Cash (BCH) traded up 0.7% against the dollar and now trades at $468.79 or 0.00695629 BTC.
  • Arweave (AR) traded up 1.9% against the dollar and now trades at $39.23 or 0.00058216 BTC.
  • eCash (XEC) traded down 0.3% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Syscoin (SYS) traded 1.5% higher against the dollar and now trades at $0.20 or 0.00000289 BTC.

Bitcoin SV Coin 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 19,708,112 coins. The official website for Bitcoin SV is 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 buy alternative cryptocurrencies such as Bitcoin SV directly using U.S. dollars. Investors seeking to trade Bitcoin SV should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Bitcoin SV using one of the aforementioned exchanges.

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