Bitcoin SV (BSV) Reaches One Day Trading Volume of $34.88 Million

Bitcoin SV (BSV) traded down 6% against the US dollar during the 1 day period ending at 13:00 PM E.T. on October 26th. During the last week, Bitcoin SV has traded down 10.3% against the US dollar. One Bitcoin SV coin can now be purchased for about $45.20 or 0.00067542 BTC on popular exchanges. Bitcoin SV has a total market capitalization of $893.81 million and $34.88 million worth of Bitcoin SV was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed during the last day:

• Bitcoin (BTC) traded down 0.9% against the dollar and now trades at $66,932.43 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 4.3% lower against the dollar and now trades at $349.18 or 0.00521786 BTC.
• Arweave (AR) traded 10.6% lower against the dollar and now trades at $16.09 or 0.00024051 BTC.
• eCash (XEC) traded 5.1% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded down 6.8% against the dollar and now trades at $0.0966 or 0.00000144 BTC.

About Bitcoin SV

Bitcoin SV (BSV) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It launched on November 15th, 2018. Bitcoin SV’s total supply is 19,775,275 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 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 Gemini, 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