Bitcoin SV (BSV) Market Cap Reaches $905.12 Million

Bitcoin SV (BSV) traded 1.6% higher against the U.S. dollar during the twenty-four hour period ending at 9:00 AM ET on June 28th. One Bitcoin SV coin can now be bought for approximately $45.90 or 0.00074786 BTC on exchanges. Bitcoin SV has a total market capitalization of $905.12 million and $29.37 million worth of Bitcoin SV was traded on exchanges in the last day. During the last seven days, Bitcoin SV has traded 5.6% higher against the U.S. dollar.

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

• Bitcoin (BTC) traded 0.6% lower against the dollar and now trades at $61,369.12 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 3.9% higher against the dollar and now trades at $399.76 or 0.00651404 BTC.
• Arweave (AR) traded down 3.7% against the dollar and now trades at $26.17 or 0.00042640 BTC.
• eCash (XEC) traded down 0% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 0.9% higher against the dollar and now trades at $0.13 or 0.00000212 BTC.

Bitcoin SV Profile

BSV is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its launch date was November 15th, 2018. Bitcoin SV’s total supply is 19,721,472 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 possible to purchase alternative cryptocurrencies such as Bitcoin SV directly using U.S. dollars. Investors seeking to trade Bitcoin SV should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, GDAX 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