Bitcoin SV (BSV) Market Capitalization Achieves $898.23 Million

Bitcoin SV (BSV) traded down 0.3% against the dollar during the 24-hour period ending at 7:00 AM Eastern on October 27th. Bitcoin SV has a total market capitalization of $898.23 million and approximately $27.08 million worth of Bitcoin SV was traded on exchanges in the last 24 hours. One Bitcoin SV coin can currently be purchased for approximately $45.42 or 0.00067721 BTC on popular cryptocurrency exchanges. In the last week, Bitcoin SV has traded 10.2% lower against the dollar.

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

  • Bitcoin (BTC) traded 0.1% higher against the dollar and now trades at $67,070.07 or 1.00000000 BTC.
  • Bitcoin Cash (BCH) traded down 1.7% against the dollar and now trades at $347.58 or 0.00518237 BTC.
  • Arweave (AR) traded down 3.5% against the dollar and now trades at $15.81 or 0.00023570 BTC.
  • eCash (XEC) traded 0.5% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Syscoin (SYS) traded down 0.7% against the dollar and now trades at $0.0988 or 0.00000147 BTC.

Bitcoin SV Coin Profile

Bitcoin SV (CRYPTO: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 19,775,656 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 Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Bitcoin SV using one of the aforementioned exchanges.

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