Bitcoin SV (BSV) Price Down 5% Over Last Week

Bitcoin SV (BSV) traded 3.3% lower against the US dollar during the one day period ending at 10:00 AM E.T. on July 3rd. One Bitcoin SV coin can currently be purchased for about $43.12 or 0.00071365 BTC on major cryptocurrency exchanges. Bitcoin SV has a market cap of $850.40 million and approximately $40.40 million worth of Bitcoin SV was traded on exchanges in the last day. During the last week, Bitcoin SV has traded 5% lower against the US dollar.

Here is how similar cryptocurrencies have performed during the last day:

  • Bitcoin (BTC) traded down 2.6% against the dollar and now trades at $60,378.66 or 1.00000000 BTC.
  • Bitcoin Cash (BCH) traded down 2.7% against the dollar and now trades at $374.66 or 0.00620150 BTC.
  • Arweave (AR) traded 3.7% lower against the dollar and now trades at $27.13 or 0.00044906 BTC.
  • eCash (XEC) traded 2.1% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Syscoin (SYS) traded 4.1% lower against the dollar and now trades at $0.12 or 0.00000202 BTC.

About Bitcoin SV

Bitcoin SV (BSV) 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 19,723,738 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) 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.”

Bitcoin SV Coin Trading

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

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