Bitcoin SV (BSV) Reaches 1-Day Trading Volume of $35.64 Million

Bitcoin SV (BSV) traded up 0.2% against the US dollar during the one day period ending at 0:00 AM Eastern on May 5th. One Bitcoin SV coin can currently be bought for about $64.29 or 0.00100629 BTC on cryptocurrency exchanges. Bitcoin SV has a total market cap of $1.27 billion and $35.64 million worth of Bitcoin SV was traded on exchanges in the last 24 hours. During the last week, Bitcoin SV has traded down 1.3% against the US dollar.

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

• Bitcoin (BTC) traded up 0.9% against the dollar and now trades at $63,890.28 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 1.5% higher against the dollar and now trades at $467.09 or 0.00731075 BTC.
• Arweave (AR) traded 10.9% higher against the dollar and now trades at $39.92 or 0.00062481 BTC.
• eCash (XEC) traded up 0.6% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 2% higher against the dollar and now trades at $0.20 or 0.00000315 BTC.

Bitcoin SV Coin Profile

Bitcoin SV (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 19,697,462 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 currently 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 Coinbase, Changelly 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