Bitcoin SV (BSV) Reaches 24-Hour Trading Volume of $12.26 Million

Bitcoin SV (BSV) traded 1.5% lower against the U.S. dollar during the 24 hour period ending at 10:00 AM Eastern on December 7th. In the last seven days, Bitcoin SV has traded down 5.6% against the U.S. dollar. One Bitcoin SV coin can currently be bought for approximately $20.12 or 0.00022609 BTC on popular exchanges. Bitcoin SV has a total market capitalization of $401.47 million and approximately $12.26 million worth of Bitcoin SV was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed in the last day:

• Arweave (AR) traded down 2.6% against the dollar and now trades at $3.90 or 0.00004380 BTC.
• Bitcoin (BTC) traded down 1.1% against the dollar and now trades at $88,973.26 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded down 2.3% against the dollar and now trades at $577.03 or 0.00648543 BTC.
• eCash (XEC) traded 1.5% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded down 0.3% against the dollar and now trades at $0.0205 or 0.00000023 BTC.

Bitcoin SV Coin Profile

Bitcoin SV (CRYPTO: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 19,957,547 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) 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/”

Buying and Selling Bitcoin SV

It is usually not 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 GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Bitcoin SV using one of the aforementioned exchanges.

BSV/USD price chart by TradingView