Bitcoin SV

BSV Price

What Is Bitcoin SV (BSV)?

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 fulfil the original vision of the Bitcoin protocol and design as described in Satoshi Nakamoto’s white paper. They aim 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. 

Who are the founders of Bitcoin SV (BSV)?

Blockchain technology company nChain developed the BSV node software. nChain Chief Scientist Craig Wright, who has claimed to be Satoshi Nakamoto, has been a supporter of BSV since the split between BCH and BSV in 2018, following the proposal of controversial protocol changes by several BCH developers. After BSV split from BCH, a Switzerland-based non-profit industry association known as Bitcoin Association was formed that now supports the global growth and adoption of the BSV blockchain and digital currency.

What makes Bitcoin SV (BSV) unique?

BSV differs from other versions of Bitcoin in its adherence to the original Bitcoin protocol and focus on realising the vision for the Bitcoin network outlined in the Bitcoin white paper and other known Satoshi Nakamoto writings. Unlike BTC, which now primarily functions as an investment or store of value asset, BSV aims to offer a scalable and usable blockchain platform for efficient payments and distributed data applications for consumer, enterprise and government users. 

How many Bitcoin SV (BSV) coins are there in circulation?

There will be a maximum of 21 million BSV coins in circulation. Fresh coins from this circulation are distributed to BSV miners via block rewards, which they earn in addition to transaction fees for validating blocks. 

Where can you buy Bitcoin SV?

BSV tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Bitcoin SV is Gate, where the most active trading pair BSV/USDT has a trading volume of $1,159,528.35 in the last 24 hours. Other popular options include Hibt and XT.COM.

What is the daily trading volume of Bitcoin SV (BSV)?

The trading volume of Bitcoin SV (BSV) is $9,385,975.13 in the last 24 hours, representing a -3.90% decrease from one day ago and signalling a recent fall in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Bitcoin SV (BSV)?

Bitcoin SV (BSV) reached an all-time high of $489.75 and an all-time low of $10.49. It’s now trading -95.80% below that peak and 95.30% above its lowest price.

What is the market cap of Bitcoin SV (BSV)?

Market capitalization of Bitcoin SV (BSV) is $411,310,918 and is ranked #125 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of BSV tokens (20 Million tokens are tradable on the market today).

What is the fully diluted valuation of Bitcoin SV (BSV)?

The fully diluted valuation (FDV) of Bitcoin SV (BSV) is $411,310,918. This is a statistical representation of the maximum market cap, assuming the maximum number of 21 Million BSV tokens are in circulation today. Depending on how the emission schedule of BSV tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Bitcoin SV compare against its peers?

With a price increase of 6.20% in the last 7 days, Bitcoin SV (BSV) is outperforming the global cryptocurrency market which is down -1.90%, while outperforming when compared to similar Smart Contract Platform cryptocurrencies which are down -1.70%.