Bitcoin SV Achieves Market Cap of $949.06 Million (BSV)

Bitcoin SV (BSV) traded 5.6% higher against the U.S. dollar during the 24-hour period ending at 20:00 PM E.T. on November 5th. Bitcoin SV has a market cap of $949.06 million and approximately $35.68 million worth of Bitcoin SV was traded on exchanges in the last 24 hours. Over the last week, Bitcoin SV has traded down 7.2% against the U.S. dollar. One Bitcoin SV coin can currently be purchased for approximately $47.98 or 0.00067605 BTC on exchanges.

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

• Bitcoin (BTC) traded up 4.4% against the dollar and now trades at $70,972.10 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded up 5.6% against the dollar and now trades at $348.61 or 0.00491196 BTC.
• Arweave (AR) traded 7.7% higher against the dollar and now trades at $14.08 or 0.00019834 BTC.
• eCash (XEC) traded 7% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded up 9.7% against the dollar and now trades at $0.0924 or 0.00000130 BTC.

Bitcoin SV Coin Profile

Bitcoin SV (CRYPTO: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 19,779,903 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.”

Bitcoin SV Coin Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as Bitcoin SV directly using U.S. dollars. Investors seeking to acquire Bitcoin SV should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Bitcoin SV using one of the aforementioned exchanges.

BSV/USD price chart by TradingView