Bitcoin SV Tops 24-Hour Volume of $56.42 Million (BSV)

Bitcoin SV (BSV) traded 3.9% higher against the dollar during the twenty-four hour period ending at 0:00 AM ET on April 16th. Bitcoin SV has a total market cap of $1.32 billion and approximately $56.42 million worth of Bitcoin SV was traded on exchanges in the last 24 hours. One Bitcoin SV coin can currently be bought for about $67.11 or 0.00104849 BTC on exchanges. In the last week, Bitcoin SV has traded 27.6% lower against the dollar.

Here’s how other cryptocurrencies have performed in the last 24 hours:

• Bitcoin (BTC) traded up 2.3% against the dollar and now trades at $64,007.17 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded up 1.3% against the dollar and now trades at $483.95 or 0.00756094 BTC.
• Arweave (AR) traded down 0.5% against the dollar and now trades at $24.66 or 0.00038531 BTC.
• eCash (XEC) traded 2.3% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Syscoin (SYS) traded 0.1% higher against the dollar and now trades at $0.22 or 0.00000344 BTC.

Bitcoin SV Coin Profile

Bitcoin SV (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 19,689,009 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 presently possible to purchase alternative cryptocurrencies such as Bitcoin SV directly using U.S. dollars. Investors seeking to trade Bitcoin SV should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Changelly 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