Bitcoin SV Hits 24 Hour Trading Volume of $41.02 Million (BSV)

Bitcoin SV (BSV) traded down 6.7% against the U.S. dollar during the twenty-four hour period ending at 9:00 AM Eastern on August 1st. Bitcoin SV has a market capitalization of $962.25 million and approximately $41.02 million worth of Bitcoin SV was traded on exchanges in the last 24 hours. One Bitcoin SV coin can currently be purchased for about $48.75 or 0.00075489 BTC on cryptocurrency exchanges. In the last week, Bitcoin SV has traded up 16.3% against the U.S. dollar.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• Bitcoin (BTC) traded 3.3% lower against the dollar and now trades at $64,583.98 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 2.9% lower against the dollar and now trades at $417.02 or 0.00645703 BTC.
• Arweave (AR) traded down 5.6% against the dollar and now trades at $28.63 or 0.00044329 BTC.
• eCash (XEC) traded down 1.1% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 5.6% lower against the dollar and now trades at $0.0925 or 0.00000143 BTC.

Bitcoin SV Coin Profile

Bitcoin SV (CRYPTO:BSV) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It was first traded on November 15th, 2018. Bitcoin SV’s total supply is 19,736,750 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.”

Bitcoin SV Coin Trading

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

BSV/USD price chart by TradingView