Bitcoin SV Achieves Market Cap of $1.42 Billion (BSV)

Bitcoin SV (BSV) traded 0.3% higher against the dollar during the 24-hour period ending at 7:00 AM E.T. on April 23rd. Bitcoin SV has a total market capitalization of $1.42 billion and approximately $40.38 million worth of Bitcoin SV was traded on exchanges in the last day. In the last week, Bitcoin SV has traded up 10.1% against the dollar. One Bitcoin SV coin can currently be purchased for approximately $71.91 or 0.00108489 BTC on major cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed in the last day:

• Bitcoin (BTC) traded up 0.2% against the dollar and now trades at $66,287.88 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 0.2% lower against the dollar and now trades at $510.27 or 0.00769783 BTC.
• Arweave (AR) traded 6.4% higher against the dollar and now trades at $35.32 or 0.00053290 BTC.
• eCash (XEC) traded down 0.1% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Syscoin (SYS) traded down 2.7% against the dollar and now trades at $0.24 or 0.00000369 BTC.

About Bitcoin SV

Bitcoin SV 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 19,691,766 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 possible to buy alternative cryptocurrencies such as Bitcoin SV directly using US dollars. Investors seeking to acquire Bitcoin SV should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Changelly or Gemini. 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