Bitcoin SV Market Capitalization Tops $887.65 Million (BSV)

Bitcoin SV (BSV) traded up 1.6% against the US dollar during the 24-hour period ending at 14:00 PM ET on July 1st. One Bitcoin SV coin can now be bought for $45.01 or 0.00070860 BTC on popular exchanges. Bitcoin SV has a total market cap of $887.65 million and $28.01 million worth of Bitcoin SV was traded on exchanges in the last 24 hours. During the last week, Bitcoin SV has traded up 4.9% against the US dollar.

Here is how similar cryptocurrencies have performed during the last 24 hours:

• Bitcoin (BTC) traded 3% higher against the dollar and now trades at $63,514.26 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 1.3% higher against the dollar and now trades at $391.63 or 0.00616608 BTC.
• Arweave (AR) traded 6.6% higher against the dollar and now trades at $29.01 or 0.00045677 BTC.
• eCash (XEC) traded 2.5% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded up 3.5% against the dollar and now trades at $0.13 or 0.00000203 BTC.

About Bitcoin SV

Bitcoin SV (CRYPTO:BSV) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It was first traded on November 15th, 2018. Bitcoin SV’s total supply is 19,722,950 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 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 Changelly, GDAX or Coinbase. 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