Bitcoin SV (BSV) Market Cap Hits $786.97 Million

Bitcoin SV (BSV) traded down 7.7% against the dollar during the 1-day period ending at 14:00 PM ET on January 25th. Bitcoin SV has a market capitalization of $786.97 million and approximately $63.05 million worth of Bitcoin SV was traded on exchanges in the last day. One Bitcoin SV coin can now be bought for $40.85 or 0.00179750 BTC on popular exchanges. In the last week, Bitcoin SV has traded down 5.6% against the dollar.

Here is how similar cryptocurrencies have performed in the last day:

  • Bitcoin (BTC) traded down 1.2% against the dollar and now trades at $22,724.50 or 1.00000000 BTC.
  • Bitcoin Cash (BCH) traded down 2.3% against the dollar and now trades at $129.23 or 0.00568678 BTC.
  • eCash (XEC) traded up 0.4% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Arweave (AR) traded down 3.6% against the dollar and now trades at $10.09 or 0.00044421 BTC.
  • Syscoin (SYS) traded down 2.9% against the dollar and now trades at $0.15 or 0.00000665 BTC.

Bitcoin SV Coin Profile

Bitcoin SV 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 19,266,077 coins. Bitcoin SV’s official website is bitcoinsv.com. Bitcoin SV’s official Twitter account is @bitcoinassn and its Facebook page is accessible here.

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/”

Bitcoin SV Coin Trading

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

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