Bitcoin SV 1-Day Trading Volume Tops $8.00 Million (BSV)

Bitcoin SV (BSV) traded down 1.3% against the US dollar during the one day period ending at 13:00 PM E.T. on January 9th. One Bitcoin SV coin can now be bought for approximately $51.88 or 0.00055961 BTC on major exchanges. Over the last week, Bitcoin SV has traded 1.8% lower against the US dollar. Bitcoin SV has a market capitalization of $1.03 billion and approximately $8.00 million worth of Bitcoin SV was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed over the last day:

• Bitcoin (BTC) traded 1.3% lower against the dollar and now trades at $92,703.11 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 2.3% lower against the dollar and now trades at $423.06 or 0.00456355 BTC.
• Arweave (AR) traded 2.9% lower against the dollar and now trades at $15.23 or 0.00016433 BTC.
• eCash (XEC) traded up 3.3% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded up 1.3% against the dollar and now trades at $0.11 or 0.00000117 BTC.

Bitcoin SV Profile

Bitcoin SV (BSV) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It was first traded on November 15th, 2018. Bitcoin SV’s total supply is 19,808,916 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 possible to purchase alternative cryptocurrencies such as Bitcoin SV directly using U.S. dollars. Investors seeking to trade Bitcoin SV should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Bitcoin SV using one of the exchanges listed above.

BSV/USD price chart by TradingView