Bitcoin SV (BSV) Tops 24 Hour Volume of $7.67 Million

Bitcoin SV (BSV) traded down 3.6% against the U.S. dollar during the 24 hour period ending at 10:00 AM ET on April 24th. One Bitcoin SV coin can now be purchased for $71.03 or 0.00107412 BTC on cryptocurrency exchanges. Over the last seven days, Bitcoin SV has traded up 9.1% against the U.S. dollar. Bitcoin SV has a total market capitalization of $1.40 billion and approximately $7.67 million worth of Bitcoin SV was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed over the last day:

• Bitcoin (BTC) traded 2.7% lower against the dollar and now trades at $66,141.40 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 4.8% lower against the dollar and now trades at $495.44 or 0.00749241 BTC.
• Arweave (AR) traded down 3.8% against the dollar and now trades at $33.79 or 0.00051099 BTC.
• eCash (XEC) traded 1.3% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Syscoin (SYS) traded 4.1% lower against the dollar and now trades at $0.24 or 0.00000356 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 19,692,341 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 currently possible to buy alternative cryptocurrencies such as Bitcoin SV directly using US dollars. Investors seeking to acquire Bitcoin SV should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Bitcoin SV using one of the aforementioned exchanges.

BSV/USD price chart by TradingView