Bitcoin SV Achieves Market Cap of $533.49 Million (BSV)

Bitcoin SV (BSV) traded down 3.3% against the dollar during the 1-day period ending at 8:00 AM E.T. on August 25th. Bitcoin SV has a market cap of $533.49 million and $85.02 million worth of Bitcoin SV was traded on exchanges in the last 24 hours. One Bitcoin SV coin can currently be purchased for $26.79 or 0.00024088 BTC on cryptocurrency exchanges. During the last seven days, Bitcoin SV has traded 0.8% higher against the dollar.

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

• Arweave (AR) traded down 4.1% against the dollar and now trades at $6.72 or 0.00006043 BTC.
• Bitcoin (BTC) traded down 2.9% against the dollar and now trades at $111,235.62 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 5.3% lower against the dollar and now trades at $564.63 or 0.00507599 BTC.
• eCash (XEC) traded 0.1% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded down 4.1% against the dollar and now trades at $0.0420 or 0.00000038 BTC.

About Bitcoin SV

Bitcoin SV is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its genesis date was November 15th, 2018. Bitcoin SV’s total supply is 19,910,822 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) emerged following a hard fork of the Bitcoin Cash (BCH) blockchain in 2018, which had in turn forked from the BTC blockchain a year earlier.The goal of Bitcoin SV is to fulfill the original vision of the Bitcoin protocol and design as described in Satoshi Nakamoto’s white paper, early Bitcoin client software and known Satoshi writings. BSV aims to offer scalability and stability in line with the original description of Bitcoin as a peer-to-peer electronic cash system, as well as deliver a distributed data network that can support enterprise-level advanced blockchain applications.To this end, it has removed artificial block size limits and re-enabled Script commands and other technical capabilities which had been historically disabled or restricted by the protocol developers of the BTC blockchain. This allows the network to process tens of thousands of transactions per second while maintaining extremely low transaction fees for micropayments, in addition to offering advanced capabilities such as tokens, smart contracts, computation and other data use cases.The BSV network is unique in its capacity for unbounded on-chain scaling while also being more aligned with the original design of Bitcoin than any other blockchain.Alternative website: https://www.bitcoinsv.io/”

Bitcoin SV Coin Trading

It is usually not presently possible to buy alternative cryptocurrencies such as Bitcoin SV directly using US dollars. Investors seeking to acquire Bitcoin SV should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Bitcoin SV using one of the exchanges listed above.

BSV/USD price chart by TradingView