Bitcoin SV (BSV) Achieves Market Capitalization of $868.60 Million

Bitcoin SV (BSV) traded 0.4% lower against the U.S. dollar during the 24 hour period ending at 22:00 PM Eastern on July 2nd. One Bitcoin SV coin can now be purchased for about $44.04 or 0.00071612 BTC on major exchanges. In the last seven days, Bitcoin SV has traded 4.3% lower against the U.S. dollar. Bitcoin SV has a total market capitalization of $868.60 million and approximately $26.17 million worth of Bitcoin SV was traded on exchanges in the last 24 hours.

Here is how related cryptocurrencies have performed in the last 24 hours:

• Bitcoin (BTC) traded down 2.4% against the dollar and now trades at $61,473.43 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 2.2% lower against the dollar and now trades at $375.45 or 0.00610520 BTC.
• Arweave (AR) traded up 1.3% against the dollar and now trades at $28.32 or 0.00046056 BTC.
• eCash (XEC) traded up 0.1% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded down 1.3% against the dollar and now trades at $0.12 or 0.00000202 BTC.

Bitcoin SV Coin Profile

Bitcoin SV (CRYPTO: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 19,723,553 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 acquire 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