Bitcoin SV (BSV) Market Cap Tops $1.23 Billion

Bitcoin SV (BSV) traded down 0.3% against the U.S. dollar during the 24 hour period ending at 0:00 AM ET on May 30th. Bitcoin SV has a market capitalization of $1.23 billion and approximately $37.98 million worth of Bitcoin SV was traded on exchanges in the last day. One Bitcoin SV coin can currently be bought for approximately $62.53 or 0.00091324 BTC on major exchanges. During the last seven days, Bitcoin SV has traded down 2.7% against the U.S. dollar.

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

  • Bitcoin (BTC) traded up 0.3% against the dollar and now trades at $68,472.03 or 1.00000000 BTC.
  • Bitcoin Cash (BCH) traded down 0.8% against the dollar and now trades at $465.10 or 0.00679249 BTC.
  • Arweave (AR) traded up 8.5% against the dollar and now trades at $44.01 or 0.00064278 BTC.
  • eCash (XEC) traded down 2.8% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Syscoin (SYS) traded up 0.9% against the dollar and now trades at $0.19 or 0.00000284 BTC.

Bitcoin SV 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 19,708,747 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.”

Buying and Selling Bitcoin SV

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 GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Bitcoin SV using one of the exchanges listed above.

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