Bitcoin SV (BSV) One Day Trading Volume Hits $58.84 Million

Bitcoin SV (BSV) traded down 2.4% against the U.S. dollar during the one day period ending at 13:00 PM ET on November 1st. One Bitcoin SV coin can currently be purchased for approximately $50.62 or 0.00072276 BTC on exchanges. Bitcoin SV has a market cap of $1.00 billion and approximately $58.84 million worth of Bitcoin SV was traded on exchanges in the last day. In the last week, Bitcoin SV has traded 5.8% higher against the U.S. dollar.

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

• Bitcoin (BTC) traded down 1.4% against the dollar and now trades at $70,036.39 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded down 3.1% against the dollar and now trades at $351.06 or 0.00501254 BTC.
• Arweave (AR) traded 2.2% lower against the dollar and now trades at $15.41 or 0.00021999 BTC.
• eCash (XEC) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 0.2% lower against the dollar and now trades at $0.0984 or 0.00000140 BTC.

Bitcoin SV Profile

Bitcoin SV (BSV) 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 19,778,000 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.”

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 Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Bitcoin SV using one of the exchanges listed above.

BSV/USD price chart by TradingView