Bitcoin SV (BSV) Hits 1-Day Volume of $39.11 Million

Bitcoin SV (BSV) traded down 1% against the U.S. dollar during the 24 hour period ending at 19:00 PM Eastern on May 26th. Bitcoin SV has a market capitalization of $1.25 billion and $39.11 million worth of Bitcoin SV was traded on exchanges in the last day. One Bitcoin SV coin can currently be purchased for about $63.39 or 0.00092732 BTC on popular exchanges. In the last seven days, Bitcoin SV has traded down 2.4% against the U.S. dollar.

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

• Bitcoin (BTC) traded down 1.3% against the dollar and now trades at $68,375.62 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 1.7% lower against the dollar and now trades at $484.69 or 0.00709006 BTC.
• Arweave (AR) traded 3.9% lower against the dollar and now trades at $38.65 or 0.00056533 BTC.
• eCash (XEC) traded down 2.7% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded down 0.1% against the dollar and now trades at $0.19 or 0.00000278 BTC.

Bitcoin SV Coin Profile

Bitcoin SV (BSV) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its genesis date was November 15th, 2018. Bitcoin SV’s total supply is 19,706,866 coins. Bitcoin SV’s official website 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 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 Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Bitcoin SV using one of the aforementioned exchanges.

BSV/USD price chart by TradingView