Bitcoin SV Market Cap Tops $748.47 Million (BSV)

Bitcoin SV (BSV) traded up 1.8% against the US dollar during the twenty-four hour period ending at 20:00 PM ET on July 10th. Bitcoin SV has a total market capitalization of $748.47 million and $23.91 million worth of Bitcoin SV was traded on exchanges in the last 24 hours. One Bitcoin SV coin can now be purchased for $37.94 or 0.00066093 BTC on cryptocurrency exchanges. During the last week, Bitcoin SV has traded down 11% against the US dollar.

Here’s how related cryptocurrencies have performed during the last 24 hours:

• Bitcoin (BTC) traded 0.4% lower against the dollar and now trades at $57,406.50 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded up 3.4% against the dollar and now trades at $340.06 or 0.00592376 BTC.
• Arweave (AR) traded 1.7% higher against the dollar and now trades at $22.41 or 0.00039043 BTC.
• eCash (XEC) traded up 4.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 1.8% higher against the dollar and now trades at $0.11 or 0.00000184 BTC.

Bitcoin SV Profile

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 19,727,047 coins. The official website for Bitcoin SV 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 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 Changelly, Coinbase or GDAX. 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