Bitcoin SV (BSV) Market Cap Reaches $1.04 Billion

Bitcoin SV (BSV) traded up 10.4% against the US dollar during the one day period ending at 0:00 AM Eastern on July 29th. Over the last week, Bitcoin SV has traded up 14.5% against the US dollar. One Bitcoin SV coin can now be bought for about $52.45 or 0.00078719 BTC on popular exchanges. Bitcoin SV has a market capitalization of $1.04 billion and $114.81 million worth of Bitcoin SV was traded on exchanges in the last 24 hours.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• Bitcoin (BTC) traded down 3.9% against the dollar and now trades at $66,638.23 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 2.6% higher against the dollar and now trades at $436.91 or 0.00655735 BTC.
• Arweave (AR) traded 5.6% lower against the dollar and now trades at $30.74 or 0.00046137 BTC.
• eCash (XEC) traded up 6% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 6.3% lower against the dollar and now trades at $0.10 or 0.00000153 BTC.

Bitcoin SV Profile

Bitcoin SV (CRYPTO: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 19,735,609 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 U.S. dollars. Investors seeking to acquire Bitcoin SV should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Changelly or Coinbase. 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