Bitcoin SV Market Capitalization Tops $1.28 Billion (BSV)

Bitcoin SV (BSV) traded up 0% against the dollar during the twenty-four hour period ending at 23:00 PM ET on April 29th. One Bitcoin SV coin can currently be purchased for $65.17 or 0.00102427 BTC on major cryptocurrency exchanges. Bitcoin SV has a market cap of $1.28 billion and $42.26 million worth of Bitcoin SV was traded on exchanges in the last 24 hours. In the last week, Bitcoin SV has traded 9.5% lower against the dollar.

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

  • Bitcoin (BTC) traded 1.6% higher against the dollar and now trades at $63,625.83 or 1.00000000 BTC.
  • Bitcoin Cash (BCH) traded down 0.2% against the dollar and now trades at $462.20 or 0.00726440 BTC.
  • Arweave (AR) traded up 0.6% against the dollar and now trades at $35.78 or 0.00056231 BTC.
  • eCash (XEC) traded down 0.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Syscoin (SYS) traded 0.4% higher against the dollar and now trades at $0.21 or 0.00000336 BTC.

Bitcoin SV Coin Profile

Bitcoin SV (CRYPTO: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 19,694,806 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 acquire Bitcoin SV should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Bitcoin SV using one of the aforementioned exchanges.

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