Bitcoin SV (BSV) 24 Hour Trading Volume Tops $28.99 Million

Bitcoin SV (BSV) traded up 0.7% against the dollar during the 24-hour period ending at 17:00 PM ET on September 7th. Bitcoin SV has a total market cap of $873.53 million and $28.99 million worth of Bitcoin SV was traded on exchanges in the last day. One Bitcoin SV coin can now be purchased for $44.22 or 0.00081828 BTC on popular cryptocurrency exchanges. During the last seven days, Bitcoin SV has traded 4.9% higher against the dollar.

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

• Bitcoin (BTC) traded 1.1% higher against the dollar and now trades at $54,042.21 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 2.3% higher against the dollar and now trades at $298.57 or 0.00552482 BTC.
• Arweave (AR) traded down 1.4% against the dollar and now trades at $19.83 or 0.00036697 BTC.
• eCash (XEC) traded up 3% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 5.2% higher against the dollar and now trades at $0.10 or 0.00000190 BTC.

Bitcoin SV Coin Profile

Bitcoin SV (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 19,753,447 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 buy alternative cryptocurrencies such as Bitcoin SV directly using U.S. dollars. Investors seeking to trade Bitcoin SV should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Bitcoin SV using one of the aforementioned exchanges.

BSV/USD price chart by TradingView