Bitcoin SV Market Cap Hits $742.10 Million (BSV)

Bitcoin SV (BSV) traded 1.3% lower against the dollar during the twenty-four hour period ending at 12:00 PM E.T. on February 22nd. Over the last seven days, Bitcoin SV has traded 4.9% lower against the dollar. Bitcoin SV has a market capitalization of $742.10 million and $47.86 million worth of Bitcoin SV was traded on exchanges in the last 24 hours. One Bitcoin SV coin can now be purchased for about $37.43 or 0.00038725 BTC on popular exchanges.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• Bitcoin (BTC) traded down 0.4% against the dollar and now trades at $96,644.11 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded down 1.5% against the dollar and now trades at $321.10 or 0.00332246 BTC.
• Arweave (AR) traded 0.3% lower against the dollar and now trades at $9.74 or 0.00010077 BTC.
• eCash (XEC) traded down 0.6% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded down 1.1% against the dollar and now trades at $0.0689 or 0.00000071 BTC.

About 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 19,828,650 coins. Bitcoin SV’s official Twitter account is @bsvblockchain and its Facebook page is accessible here. The official website for Bitcoin SV is www.bsvblockchain.org.

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 purchase alternative cryptocurrencies such as Bitcoin SV directly using US dollars. Investors seeking to acquire Bitcoin SV should first purchase 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 purchase Bitcoin SV using one of the exchanges listed above.

BSV/USD price chart by TradingView