Bitcoin SV Tops One Day Trading Volume of $32.95 Million (BSV)

Bitcoin SV (BSV) traded 1.4% lower against the US dollar during the 24 hour period ending at 0:00 AM ET on November 4th. Bitcoin SV has a market cap of $913.01 million and approximately $32.95 million worth of Bitcoin SV was traded on exchanges in the last 24 hours. Over the last seven days, Bitcoin SV has traded 12.1% lower against the US dollar. One Bitcoin SV coin can currently be bought for about $46.16 or 0.00067338 BTC on major exchanges.

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

• Bitcoin (BTC) traded 0.3% lower against the dollar and now trades at $68,548.63 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded down 0.2% against the dollar and now trades at $335.12 or 0.00488878 BTC.
• Arweave (AR) traded 2.8% lower against the dollar and now trades at $13.35 or 0.00019478 BTC.
• eCash (XEC) traded 0.5% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 1% lower against the dollar and now trades at $0.0857 or 0.00000125 BTC.

Bitcoin SV Profile

Bitcoin SV 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 19,779,584 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 Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Bitcoin SV using one of the exchanges listed above.

BSV/USD price chart by TradingView