Bitcoin SV (BSV) Price Down 24.3% Over Last 7 Days

Bitcoin SV (BSV) traded 16.6% lower against the dollar during the 24-hour period ending at 0:00 AM E.T. on August 4th. Over the last seven days, Bitcoin SV has traded down 24.3% against the dollar. One Bitcoin SV coin can now be purchased for $35.99 or 0.00066127 BTC on popular cryptocurrency exchanges. Bitcoin SV has a market cap of $710.34 million and $39.53 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 10.3% lower against the dollar and now trades at $54,422.20 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 16.5% lower against the dollar and now trades at $302.46 or 0.00555761 BTC.
• Arweave (AR) traded down 18.1% against the dollar and now trades at $18.91 or 0.00034748 BTC.
• eCash (XEC) traded down 19.4% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 17.9% lower against the dollar and now trades at $0.0691 or 0.00000127 BTC.

About Bitcoin SV

Bitcoin SV 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 19,738,316 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.”

Buying and Selling Bitcoin SV

It is usually not presently 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 Gemini, Coinbase or GDAX. 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