Bitcoin SV Price Hits $50.37 on Exchanges (BSV)

Bitcoin SV (BSV) traded down 1.9% against the U.S. dollar during the twenty-four hour period ending at 15:00 PM E.T. on October 19th. Over the last week, Bitcoin SV has traded 10.5% higher against the U.S. dollar. One Bitcoin SV coin can currently be bought for $50.37 or 0.00073874 BTC on popular cryptocurrency exchanges. Bitcoin SV has a market capitalization of $995.94 million and approximately $30.15 million worth of Bitcoin SV was traded on exchanges in the last 24 hours.

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

• Bitcoin (BTC) traded down 0.6% against the dollar and now trades at $68,183.79 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 1.2% lower against the dollar and now trades at $363.27 or 0.00532774 BTC.
• Arweave (AR) traded 1.9% lower against the dollar and now trades at $18.68 or 0.00027398 BTC.
• eCash (XEC) traded down 1.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 3.2% lower against the dollar and now trades at $0.10 or 0.00000147 BTC.

Bitcoin SV Profile

Bitcoin SV 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 19,772,250 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 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 Coinbase, Gemini or GDAX. 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