Bitcoin SV Hits Market Cap of $920.26 Million (BSV)

Bitcoin SV (BSV) traded up 1% against the US dollar during the 24 hour period ending at 15:00 PM ET on July 28th. In the last seven days, Bitcoin SV has traded 0.7% higher against the US dollar. Bitcoin SV has a market cap of $920.26 million and $31.79 million worth of Bitcoin SV was traded on exchanges in the last day. One Bitcoin SV coin can currently be bought for about $46.63 or 0.00068451 BTC on cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed in the last day:

• Bitcoin (BTC) traded up 0.2% against the dollar and now trades at $68,122.87 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 6% higher against the dollar and now trades at $417.74 or 0.00613211 BTC.
• Arweave (AR) traded 3.1% lower against the dollar and now trades at $30.76 or 0.00045148 BTC.
• eCash (XEC) traded up 0.5% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded down 0.8% against the dollar and now trades at $0.11 or 0.00000155 BTC.

Bitcoin SV Profile

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 19,735,022 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.”

Buying and Selling Bitcoin SV

It is usually not presently possible to purchase alternative cryptocurrencies such as Bitcoin SV directly using US dollars. Investors seeking to trade Bitcoin SV should first purchase 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 purchase Bitcoin SV using one of the aforementioned exchanges.

BSV/USD price chart by TradingView