Bitcoin SV (BSV) Achieves Market Cap of $995.51 Million

Bitcoin SV (BSV) traded up 9.9% against the US dollar during the twenty-four hour period ending at 20:00 PM ET on September 10th. In the last week, Bitcoin SV has traded 15% higher against the US dollar. Bitcoin SV has a market capitalization of $995.51 million and approximately $55.10 million worth of Bitcoin SV was traded on exchanges in the last 24 hours. One Bitcoin SV coin can now be bought for about $50.39 or 0.00087443 BTC on popular exchanges.

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

• Bitcoin (BTC) traded up 1.3% against the dollar and now trades at $57,630.02 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded up 2.2% against the dollar and now trades at $328.43 or 0.00569894 BTC.
• Arweave (AR) traded down 4.8% against the dollar and now trades at $19.69 or 0.00034168 BTC.
• eCash (XEC) traded up 0.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 1.7% lower against the dollar and now trades at $0.11 or 0.00000183 BTC.

Bitcoin SV Profile

Bitcoin SV 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 19,754,878 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 currently possible to purchase alternative cryptocurrencies such as Bitcoin SV directly using US dollars. Investors seeking to acquire Bitcoin SV should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Gemini or GDAX. 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