Bitcoin SV (BSV) Price Down 3.2% Over Last 7 Days

Bitcoin SV (BSV) traded up 3.7% against the dollar during the 1-day period ending at 17:00 PM Eastern on October 24th. Bitcoin SV has a total market cap of $955.03 million and $27.47 million worth of Bitcoin SV was traded on exchanges in the last 24 hours. Over the last seven days, Bitcoin SV has traded 3.2% lower against the dollar. One Bitcoin SV coin can currently be bought for approximately $48.30 or 0.00070828 BTC on major exchanges.

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

• Bitcoin (BTC) traded 3.1% higher against the dollar and now trades at $68,187.66 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 4.7% higher against the dollar and now trades at $364.22 or 0.00534147 BTC.
• Arweave (AR) traded 2.1% higher against the dollar and now trades at $18.25 or 0.00026770 BTC.
• eCash (XEC) traded up 1.6% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded up 8.4% against the dollar and now trades at $0.11 or 0.00000159 BTC.

Bitcoin SV Coin 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 19,774,472 coins. The official website for Bitcoin SV 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.”

Buying and Selling Bitcoin SV

It is usually not presently possible to buy alternative cryptocurrencies such as Bitcoin SV directly using U.S. dollars. Investors seeking to trade Bitcoin SV should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Gemini. 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