Bitcoin SV Price Down 8.7% This Week (BSV)

Bitcoin SV (BSV) traded 2% lower against the U.S. dollar during the 24-hour period ending at 10:00 AM ET on October 23rd. Bitcoin SV has a total market cap of $931.35 million and $28.09 million worth of Bitcoin SV was traded on exchanges in the last 24 hours. Over the last seven days, Bitcoin SV has traded 8.7% lower against the U.S. dollar. One Bitcoin SV coin can currently be purchased for $47.10 or 0.00070790 BTC on cryptocurrency exchanges.

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

• Bitcoin (BTC) traded down 1.6% against the dollar and now trades at $66,534.26 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded down 2% against the dollar and now trades at $350.11 or 0.00526206 BTC.
• Arweave (AR) traded 1.6% lower against the dollar and now trades at $18.02 or 0.00027089 BTC.
• eCash (XEC) traded 2.3% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded down 3.8% against the dollar and now trades at $0.10 or 0.00000152 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 19,773,900 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 purchase alternative cryptocurrencies such as Bitcoin SV directly using US dollars. Investors seeking to trade Bitcoin SV should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Bitcoin SV using one of the exchanges listed above.

BSV/USD price chart by TradingView