Bitcoin SV (BSV) Trading 28% Lower This Week

Bitcoin SV (BSV) traded up 0.7% against the U.S. dollar during the 1-day period ending at 20:00 PM Eastern on August 6th. Bitcoin SV has a market capitalization of $736.55 million and $36.91 million worth of Bitcoin SV was traded on exchanges in the last 24 hours. During the last seven days, Bitcoin SV has traded 28% lower against the U.S. dollar. One Bitcoin SV coin can currently be purchased for about $37.31 or 0.00066514 BTC on popular exchanges.

Here is how similar cryptocurrencies have performed during the last 24 hours:

• Bitcoin (BTC) traded up 0.9% against the dollar and now trades at $56,099.45 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 2.4% lower against the dollar and now trades at $313.56 or 0.00558936 BTC.
• Arweave (AR) traded down 0.6% against the dollar and now trades at $20.45 or 0.00036462 BTC.
• eCash (XEC) traded up 2.7% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 1.2% higher against the dollar and now trades at $0.0717 or 0.00000128 BTC.

Bitcoin SV Profile

Bitcoin SV 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 19,739,159 coins. Bitcoin SV’s official Twitter account is @bsvblockchain and its Facebook page is accessible here. Bitcoin SV’s official website is www.bsvblockchain.org.

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 currently possible to buy alternative cryptocurrencies such as Bitcoin SV directly using U.S. dollars. Investors seeking to trade Bitcoin SV should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Bitcoin SV using one of the exchanges listed above.

BSV/USD price chart by TradingView