Bitcoin SV (BSV) Hits Market Capitalization of $1.89 Billion

Bitcoin SV (BSV) traded 3.3% higher against the US dollar during the 24 hour period ending at 11:00 AM Eastern on March 29th. Over the last seven days, Bitcoin SV has traded up 25.7% against the US dollar. Bitcoin SV has a market capitalization of $1.89 billion and $166.28 million worth of Bitcoin SV was traded on exchanges in the last day. One Bitcoin SV coin can currently be purchased for about $95.92 or 0.00138367 BTC on cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed over the last day:

• Bitcoin (BTC) traded 2.7% lower against the dollar and now trades at $69,324.97 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 7.8% higher against the dollar and now trades at $610.81 or 0.00881083 BTC.
• Arweave (AR) traded down 4.1% against the dollar and now trades at $40.35 or 0.00058204 BTC.
• eCash (XEC) traded 3.3% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Syscoin (SYS) traded 3% lower against the dollar and now trades at $0.28 or 0.00000398 BTC.

Bitcoin SV Profile

Bitcoin SV 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 19,673,850 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 currently possible to buy alternative cryptocurrencies such as Bitcoin SV directly using U.S. dollars. Investors seeking to acquire Bitcoin SV should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Changelly. 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