Bitcoin SV Price Up 15.9% Over Last Week (BSV)

Bitcoin SV (BSV) traded up 4.1% against the US dollar during the 1 day period ending at 18:00 PM Eastern on October 16th. Bitcoin SV has a total market capitalization of $1.01 billion and approximately $76.24 million worth of Bitcoin SV was traded on exchanges in the last 24 hours. One Bitcoin SV coin can now be purchased for $50.84 or 0.00075311 BTC on exchanges. In the last week, Bitcoin SV has traded 15.9% higher against the US dollar.

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

• Bitcoin (BTC) traded up 1.4% against the dollar and now trades at $67,511.54 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 3.3% higher against the dollar and now trades at $362.65 or 0.00537161 BTC.
• Arweave (AR) traded 2.6% lower against the dollar and now trades at $18.99 or 0.00028130 BTC.
• eCash (XEC) traded up 0.4% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded up 0% against the dollar and now trades at $0.10 or 0.00000153 BTC.

Bitcoin SV Profile

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 19,770,906 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.”

Bitcoin SV Coin Trading

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

BSV/USD price chart by TradingView