Bitcoin SV Market Capitalization Tops $887.65 Million (BSV)

Bitcoin SV (BSV) traded 1.6% higher against the dollar during the 24 hour period ending at 14:00 PM Eastern on July 1st. One Bitcoin SV coin can now be bought for approximately $45.01 or 0.00070860 BTC on popular cryptocurrency exchanges. During the last seven days, Bitcoin SV has traded 4.9% higher against the dollar. Bitcoin SV has a total market cap of $887.65 million and $28.01 million worth of Bitcoin SV was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed during the last day:

• Bitcoin (BTC) traded up 3% against the dollar and now trades at $63,514.26 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded up 1.3% against the dollar and now trades at $391.63 or 0.00616608 BTC.
• Arweave (AR) traded 6.6% higher against the dollar and now trades at $29.01 or 0.00045677 BTC.
• eCash (XEC) traded 2.5% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded up 3.5% against the dollar and now trades at $0.13 or 0.00000203 BTC.

Bitcoin SV Coin Profile

Bitcoin SV is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It launched on November 15th, 2018. Bitcoin SV’s total supply is 19,722,950 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.”

Buying and Selling Bitcoin SV

It is usually not presently possible to purchase alternative cryptocurrencies such as Bitcoin SV directly using U.S. dollars. Investors seeking to trade Bitcoin SV should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Bitcoin SV using one of the aforementioned exchanges.

BSV/USD price chart by TradingView