Bitcoin SV (BSV) Price Down 3.5% This Week

Bitcoin SV (BSV) traded 2.8% lower against the dollar during the twenty-four hour period ending at 10:00 AM Eastern on October 22nd. Bitcoin SV has a market capitalization of $948.42 million and approximately $30.06 million worth of Bitcoin SV was traded on exchanges in the last day. One Bitcoin SV coin can currently be bought for $47.96 or 0.00071443 BTC on popular cryptocurrency exchanges. Over the last week, Bitcoin SV has traded down 3.5% against the dollar.

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

• Bitcoin (BTC) traded 0.3% higher against the dollar and now trades at $67,136.82 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded down 1.7% against the dollar and now trades at $356.94 or 0.00531656 BTC.
• Arweave (AR) traded down 1.4% against the dollar and now trades at $18.29 or 0.00027236 BTC.
• eCash (XEC) traded down 1.4% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 1.5% higher against the dollar and now trades at $0.10 or 0.00000156 BTC.

About Bitcoin SV

Bitcoin SV (BSV) 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 19,773,459 coins. Bitcoin SV’s official Twitter account is @bsvblockchain and its Facebook page is accessible here. Bitcoin SV’s official website 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.”

Bitcoin SV Coin Trading

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

BSV/USD price chart by TradingView