Bitcoin SV Price Down 22.5% This Week (BSV)

Bitcoin SV (BSV) traded 8.1% lower against the dollar during the 1 day period ending at 11:00 AM ET on July 5th. Bitcoin SV has a market capitalization of $691.98 million and $50.12 million worth of Bitcoin SV was traded on exchanges in the last 24 hours. During the last week, Bitcoin SV has traded down 22.5% against the dollar. One Bitcoin SV coin can currently be purchased for approximately $35.08 or 0.00062338 BTC on exchanges.

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

• Bitcoin (BTC) traded 1.9% lower against the dollar and now trades at $56,337.64 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 6% lower against the dollar and now trades at $320.81 or 0.00570047 BTC.
• Arweave (AR) traded down 5.2% against the dollar and now trades at $22.23 or 0.00039495 BTC.
• eCash (XEC) traded down 2.7% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded down 8.3% against the dollar and now trades at $0.0977 or 0.00000174 BTC.

Bitcoin SV Coin Profile

Bitcoin SV 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 19,724,656 coins. The official website for Bitcoin SV 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 purchase alternative cryptocurrencies such as Bitcoin SV directly using US dollars. Investors seeking to acquire Bitcoin SV should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Bitcoin SV using one of the aforementioned exchanges.

BSV/USD price chart by TradingView