Bitcoin SV 24 Hour Volume Hits $67.61 Million (BSV)

Bitcoin SV (BSV) traded up 4.7% against the U.S. dollar during the 1 day period ending at 13:00 PM ET on May 4th. Bitcoin SV has a total market capitalization of $1.28 billion and approximately $67.61 million worth of Bitcoin SV was traded on exchanges in the last day. Over the last week, Bitcoin SV has traded down 1.1% against the U.S. dollar. One Bitcoin SV coin can currently be bought for about $65.23 or 0.00102725 BTC on exchanges.

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

• Bitcoin (BTC) traded 2.6% higher against the dollar and now trades at $63,436.85 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded up 2.9% against the dollar and now trades at $462.55 or 0.00728470 BTC.
• Arweave (AR) traded 3.1% higher against the dollar and now trades at $36.20 or 0.00057013 BTC.
• eCash (XEC) traded 5% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Syscoin (SYS) traded down 2.3% against the dollar and now trades at $0.20 or 0.00000312 BTC.

Bitcoin SV 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 19,696,866 coins. The official website for Bitcoin SV 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 possible to purchase alternative cryptocurrencies such as Bitcoin SV directly using U.S. dollars. Investors seeking to acquire Bitcoin SV should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Bitcoin SV using one of the exchanges listed above.

BSV/USD price chart by TradingView