Bitcoin SV (BSV) One Day Trading Volume Tops $53.14 Million

Bitcoin SV (BSV) traded up 0.2% against the U.S. dollar during the 24-hour period ending at 12:00 PM E.T. on April 17th. One Bitcoin SV coin can now be purchased for $64.63 or 0.00106566 BTC on popular cryptocurrency exchanges. Bitcoin SV has a market cap of $1.27 billion and approximately $53.14 million worth of Bitcoin SV was traded on exchanges in the last day. In the last seven days, Bitcoin SV has traded down 30.7% against the U.S. dollar.

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

• Bitcoin (BTC) traded down 2% against the dollar and now trades at $60,650.40 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded down 2.5% against the dollar and now trades at $457.72 or 0.00754776 BTC.
• Arweave (AR) traded 0.8% higher against the dollar and now trades at $24.00 or 0.00039567 BTC.
• eCash (XEC) traded down 2.5% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 4.7% lower against the dollar and now trades at $0.21 or 0.00000344 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 19,689,219 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 trade Bitcoin SV should first purchase Bitcoin or Ethereum using an exchange that deals in US 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