Bitcoin SV Achieves Market Capitalization of $1.26 Billion (BSV)

Bitcoin SV (BSV) traded up 1.9% against the dollar during the one day period ending at 17:00 PM E.T. on May 9th. Bitcoin SV has a market capitalization of $1.26 billion and approximately $38.97 million worth of Bitcoin SV was traded on exchanges in the last day. Over the last seven days, Bitcoin SV has traded up 8.2% against the dollar. One Bitcoin SV coin can currently be purchased for about $64.02 or 0.00102046 BTC on cryptocurrency exchanges.

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

  • Bitcoin (BTC) traded 1.7% higher against the dollar and now trades at $62,734.12 or 1.00000000 BTC.
  • Bitcoin Cash (BCH) traded 0.2% higher against the dollar and now trades at $448.88 or 0.00715521 BTC.
  • Arweave (AR) traded up 9.5% against the dollar and now trades at $40.23 or 0.00064129 BTC.
  • eCash (XEC) traded up 2.4% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Syscoin (SYS) traded 1.1% higher against the dollar and now trades at $0.19 or 0.00000304 BTC.

Bitcoin SV Coin Profile

Bitcoin SV (CRYPTO:BSV) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its launch date was November 15th, 2018. Bitcoin SV’s total supply is 19,699,184 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.”

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 acquire Bitcoin SV should first purchase 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 purchase Bitcoin SV using one of the aforementioned exchanges.

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