Bitcoin SV 1-Day Trading Volume Hits $73.51 Million (BSV)

Bitcoin SV (BSV) traded 3.1% higher against the dollar during the one day period ending at 13:00 PM Eastern on November 18th. One Bitcoin SV coin can currently be purchased for about $68.79 or 0.00075152 BTC on major cryptocurrency exchanges. Bitcoin SV has a market cap of $1.36 billion and approximately $73.51 million worth of Bitcoin SV was traded on exchanges in the last 24 hours. In the last week, Bitcoin SV has traded 13.7% higher against the dollar.

Here is how related cryptocurrencies have performed in the last 24 hours:

• Bitcoin (BTC) traded 0.3% higher against the dollar and now trades at $91,538.49 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 2.1% higher against the dollar and now trades at $446.05 or 0.00487279 BTC.
• Arweave (AR) traded 9.2% higher against the dollar and now trades at $19.50 or 0.00021306 BTC.
• eCash (XEC) traded 4.2% 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 $0.11 or 0.00000120 BTC.

Bitcoin SV Coin Profile

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 19,785,688 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 presently possible to buy alternative cryptocurrencies such as Bitcoin SV directly using U.S. dollars. Investors seeking to trade Bitcoin SV should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Bitcoin SV using one of the aforementioned exchanges.

BSV/USD price chart by TradingView