Bitcoin SV (BSV) Market Capitalization Achieves $1.05 Billion

Bitcoin SV (BSV) traded 1.5% higher against the dollar during the 24-hour period ending at 12:00 PM Eastern on January 25th. One Bitcoin SV coin can currently be bought for $52.88 or 0.00050546 BTC on cryptocurrency exchanges. Bitcoin SV has a total market capitalization of $1.05 billion and approximately $48.31 million worth of Bitcoin SV was traded on exchanges in the last 24 hours. In the last seven days, Bitcoin SV has traded 3.5% lower against the dollar.

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

• Bitcoin (BTC) traded 1.8% lower against the dollar and now trades at $104,622.86 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 2.9% higher against the dollar and now trades at $453.10 or 0.00433081 BTC.
• Arweave (AR) traded 3.3% lower against the dollar and now trades at $14.40 or 0.00013762 BTC.
• eCash (XEC) traded 1.5% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 2.6% lower against the dollar and now trades at $0.0940 or 0.00000090 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 19,816,041 coins. Bitcoin SV’s official Twitter account is @bsvblockchain and its Facebook page is accessible here. Bitcoin SV’s official website 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 buy alternative cryptocurrencies such as Bitcoin SV directly using U.S. dollars. Investors seeking to trade Bitcoin SV should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Bitcoin SV using one of the exchanges listed above.

BSV/USD price chart by TradingView