Bitcoin SV Tops One Day Trading Volume of $37.40 Million (BSV)

Bitcoin SV (BSV) traded 2.6% lower against the US dollar during the one day period ending at 8:00 AM ET on March 19th. One Bitcoin SV coin can currently be purchased for $36.94 or 0.00134947 BTC on popular exchanges. Bitcoin SV has a market capitalization of $711.70 million and approximately $37.40 million worth of Bitcoin SV was traded on exchanges in the last 24 hours. In the last week, Bitcoin SV has traded up 11.9% against the US dollar.

Here is how related cryptocurrencies have performed in the last 24 hours:

  • Bitcoin (BTC) traded down 0.3% against the dollar and now trades at $27,373.96 or 1.00000000 BTC.
  • Bitcoin Cash (BCH) traded down 1.1% against the dollar and now trades at $134.68 or 0.00491990 BTC.
  • eCash (XEC) traded 4.1% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Arweave (AR) traded 5.6% lower against the dollar and now trades at $9.02 or 0.00032935 BTC.
  • Syscoin (SYS) traded 4.6% lower against the dollar and now trades at $0.17 or 0.00000606 BTC.

Bitcoin SV Profile

Bitcoin SV (BSV) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It was first traded on November 15th, 2018. Bitcoin SV’s total supply is 19,266,077 coins. The official website for Bitcoin SV is Bitcoin SV’s official Twitter account is @bitcoinassn 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.
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Buying and Selling Bitcoin SV

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

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