Bitcoin SV Market Capitalization Tops $1.27 Billion (BSV)

Bitcoin SV (BSV) traded down 1.4% against the US dollar during the 1 day period ending at 18:00 PM ET on May 5th. During the last week, Bitcoin SV has traded 4.1% lower against the US dollar. Bitcoin SV has a total market cap of $1.27 billion and $40.07 million worth of Bitcoin SV was traded on exchanges in the last 24 hours. One Bitcoin SV coin can currently be purchased for $64.36 or 0.00100947 BTC on popular exchanges.

Here is how similar cryptocurrencies have performed during the last 24 hours:

• Bitcoin (BTC) traded 0.3% higher against the dollar and now trades at $63,756.12 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 0.6% higher against the dollar and now trades at $467.30 or 0.00732950 BTC.
• Arweave (AR) traded 12% higher against the dollar and now trades at $40.28 or 0.00063172 BTC.
• eCash (XEC) traded 1.9% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Syscoin (SYS) traded down 0.2% against the dollar and now trades at $0.20 or 0.00000315 BTC.

Bitcoin SV Profile

Bitcoin SV (BSV) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its genesis date was November 15th, 2018. Bitcoin SV’s total supply is 19,697,425 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 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 Changelly, GDAX 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