Bitcoin SV Tops 24 Hour Volume of $41.46 Million (BSV)

Bitcoin SV (BSV) traded down 3% against the US dollar during the one day period ending at 13:00 PM ET on August 9th. One Bitcoin SV coin can currently be purchased for about $41.89 or 0.00069337 BTC on cryptocurrency exchanges. Bitcoin SV has a total market cap of $826.95 million and $41.46 million worth of Bitcoin SV was traded on exchanges in the last 24 hours. During the last week, Bitcoin SV has traded down 7% against the US dollar.

Here’s how other cryptocurrencies have performed during the last 24 hours:

• Bitcoin (BTC) traded up 1.7% against the dollar and now trades at $60,417.12 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded up 2.8% against the dollar and now trades at $345.46 or 0.00571794 BTC.
• Arweave (AR) traded 3.4% lower against the dollar and now trades at $21.55 or 0.00035661 BTC.
• eCash (XEC) traded up 0.6% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 4.6% lower against the dollar and now trades at $0.0724 or 0.00000120 BTC.

Bitcoin SV Profile

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 19,740,397 coins. Bitcoin SV’s official Twitter account is @bsvblockchain and its Facebook page is accessible here. The official website for Bitcoin SV is www.bsvblockchain.org.

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 presently 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 exchanges listed above.

BSV/USD price chart by TradingView