Bitcoin SV Market Cap Tops $1.01 Billion (BSV)

Bitcoin SV (BSV) traded 13.4% lower against the U.S. dollar during the 1-day period ending at 13:00 PM ET on January 13th. Over the last week, Bitcoin SV has traded 13.6% lower against the U.S. dollar. Bitcoin SV has a market cap of $1.01 billion and approximately $84.42 million worth of Bitcoin SV was traded on exchanges in the last day. One Bitcoin SV coin can now be bought for approximately $50.85 or 0.00055352 BTC on exchanges.

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

• Bitcoin (BTC) traded 3.1% lower against the dollar and now trades at $91,884.72 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded down 11.8% against the dollar and now trades at $406.94 or 0.00442951 BTC.
• Arweave (AR) traded down 8.6% against the dollar and now trades at $14.42 or 0.00015692 BTC.
• eCash (XEC) traded 11.8% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded down 9.1% against the dollar and now trades at $0.0976 or 0.00000106 BTC.

Bitcoin SV Coin Profile

Bitcoin SV (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 19,810,697 coins. Bitcoin SV’s official Twitter account is @bsvblockchain and its Facebook page is accessible here. Bitcoin SV’s official website is www.bsvblockchain.org.

According to CryptoCompare, “Bitcoin SV (BSV) emerged following a hard fork of the Bitcoin Cash (BCH) blockchain in 2018, which had in turn forked from the BTC blockchain a year earlier.The goal of Bitcoin SV is to fulfill the original vision of the Bitcoin protocol and design as described in Satoshi Nakamoto’s white paper, early Bitcoin client software and known Satoshi writings. BSV aims to offer scalability and stability in line with the original description of Bitcoin as a peer-to-peer electronic cash system, as well as deliver a distributed data network that can support enterprise-level advanced blockchain applications.To this end, it has removed artificial block size limits and re-enabled Script commands and other technical capabilities which had been historically disabled or restricted by the protocol developers of the BTC blockchain. This allows the network to process tens of thousands of transactions per second while maintaining extremely low transaction fees for micropayments, in addition to offering advanced capabilities such as tokens, smart contracts, computation and other data use cases.The BSV network is unique in its capacity for unbounded on-chain scaling while also being more aligned with the original design of Bitcoin than any other blockchain.Alternative website: https://www.bitcoinsv.io/”

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 Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Coinbase or Changelly. 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