Bitcoin SV Price Down 7.6% This Week (BSV)

Bitcoin SV (BSV) traded down 3.2% against the U.S. dollar during the twenty-four hour period ending at 19:00 PM E.T. on August 3rd. Bitcoin SV has a market cap of $841.03 million and $35.49 million worth of Bitcoin SV was traded on exchanges in the last 24 hours. One Bitcoin SV coin can currently be purchased for about $42.61 or 0.00070504 BTC on major exchanges. During the last seven days, Bitcoin SV has traded 7.6% lower against the U.S. dollar.

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

• Bitcoin (BTC) traded 1.6% lower against the dollar and now trades at $60,433.70 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded down 6.4% against the dollar and now trades at $364.08 or 0.00602413 BTC.
• Arweave (AR) traded 7.6% lower against the dollar and now trades at $22.81 or 0.00037750 BTC.
• eCash (XEC) traded 0.1% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 1.8% lower against the dollar and now trades at $0.0824 or 0.00000136 BTC.

Bitcoin SV Coin Profile

Bitcoin SV (CRYPTO: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 19,737,809 coins. Bitcoin SV’s official Twitter account is @bsvblockchain and its Facebook page is accessible here. The official website for Bitcoin SV 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.”

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 Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Bitcoin SV using one of the aforementioned exchanges.

BSV/USD price chart by TradingView