Bitcoin SV Trading Down 6.3% Over Last 7 Days (BSV)

Bitcoin SV (BSV) traded 3.2% higher against the dollar during the twenty-four hour period ending at 8:00 AM ET on October 28th. Over the last week, Bitcoin SV has traded down 6.3% against the dollar. One Bitcoin SV coin can currently be purchased for $46.99 or 0.00068311 BTC on popular cryptocurrency exchanges. Bitcoin SV has a market capitalization of $929.28 million and $33.32 million worth of Bitcoin SV was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed over the last day:

• Bitcoin (BTC) traded 2.3% higher against the dollar and now trades at $68,788.48 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 1.3% higher against the dollar and now trades at $352.60 or 0.00512588 BTC.
• Arweave (AR) traded down 0.5% against the dollar and now trades at $15.86 or 0.00023060 BTC.
• eCash (XEC) traded up 3.1% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 2.2% higher against the dollar and now trades at $0.10 or 0.00000148 BTC.

Bitcoin SV Coin Profile

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 19,776,056 coins. Bitcoin SV’s official website 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 buy alternative cryptocurrencies such as Bitcoin SV directly using U.S. dollars. Investors seeking to acquire Bitcoin SV should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Bitcoin SV using one of the aforementioned exchanges.

BSV/USD price chart by TradingView