Bitcoin SV (BSV) Reaches One Day Trading Volume of $65.91 Million

Bitcoin SV (BSV) traded up 3.2% against the dollar during the twenty-four hour period ending at 18:00 PM E.T. on May 4th. Bitcoin SV has a market cap of $1.29 billion and approximately $65.91 million worth of Bitcoin SV was traded on exchanges in the last 24 hours. During the last week, Bitcoin SV has traded down 1.9% against the dollar. One Bitcoin SV coin can now be bought for $65.31 or 0.00102401 BTC on cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

• Bitcoin (BTC) traded up 1.4% against the dollar and now trades at $63,775.31 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded up 2.4% against the dollar and now trades at $464.39 or 0.00728172 BTC.
• Arweave (AR) traded up 2.7% against the dollar and now trades at $35.83 or 0.00056179 BTC.
• eCash (XEC) traded up 3.7% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Syscoin (SYS) traded down 0.7% against the dollar and now trades at $0.20 or 0.00000315 BTC.

About Bitcoin SV

Bitcoin SV 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 19,696,972 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 presently possible to purchase alternative cryptocurrencies such as Bitcoin SV directly using US dollars. Investors seeking to trade Bitcoin SV should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Gemini or Changelly. 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