Bitcoin SV (BSV) 24 Hour Trading Volume Hits $54.30 Million

Bitcoin SV (BSV) traded 10.5% lower against the dollar during the one day period ending at 12:00 PM ET on February 2nd. One Bitcoin SV coin can currently be bought for approximately $43.20 or 0.00044292 BTC on major exchanges. Bitcoin SV has a total market capitalization of $856.17 million and approximately $54.30 million worth of Bitcoin SV was traded on exchanges in the last day. During the last week, Bitcoin SV has traded down 16.8% against the dollar.

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

• Bitcoin (BTC) traded down 4.5% against the dollar and now trades at $97,530.82 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 9.8% lower against the dollar and now trades at $377.20 or 0.00386745 BTC.
• Arweave (AR) traded 13.5% lower against the dollar and now trades at $12.88 or 0.00013202 BTC.
• eCash (XEC) traded down 10.7% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 12.4% lower against the dollar and now trades at $0.0796 or 0.00000082 BTC.

Bitcoin SV Coin Profile

Bitcoin SV (BSV) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its genesis date was November 15th, 2018. Bitcoin SV’s total supply is 19,819,678 coins. Bitcoin SV’s official website 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 aforementioned exchanges.

BSV/USD price chart by TradingView