Bitcoin SV Hits Market Cap of $1.30 Billion (BSV)

Bitcoin SV (BSV) traded up 12.7% against the US dollar during the 1-day period ending at 7:00 AM ET on May 4th. One Bitcoin SV coin can currently be bought for approximately $66.23 or 0.00103035 BTC on major cryptocurrency exchanges. In the last week, Bitcoin SV has traded 2.1% higher against the US dollar. Bitcoin SV has a total market cap of $1.30 billion and approximately $79.37 million worth of Bitcoin SV was traded on exchanges in the last day.

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

• Bitcoin (BTC) traded up 9% against the dollar and now trades at $64,279.10 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded up 10% against the dollar and now trades at $478.19 or 0.00743926 BTC.
• Arweave (AR) traded up 4.9% against the dollar and now trades at $35.78 or 0.00055662 BTC.
• eCash (XEC) traded up 13.2% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Syscoin (SYS) traded 2.9% higher against the dollar and now trades at $0.20 or 0.00000312 BTC.

About Bitcoin SV

Bitcoin SV (CRYPTO: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 19,696,766 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.”

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 acquire Bitcoin SV should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Bitcoin SV using one of the aforementioned exchanges.

BSV/USD price chart by TradingView