Bitcoin SV (BSV) Trading 13.4% Higher Over Last Week

Bitcoin SV (BSV) traded down 0.2% against the U.S. dollar during the twenty-four hour period ending at 16:00 PM E.T. on August 14th. In the last seven days, Bitcoin SV has traded 13.4% higher against the U.S. dollar. One Bitcoin SV coin can now be purchased for approximately $43.60 or 0.00073818 BTC on exchanges. Bitcoin SV has a market capitalization of $860.86 million and approximately $51.38 million worth of Bitcoin SV was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed in the last day:

• Bitcoin (BTC) traded 2.7% lower against the dollar and now trades at $59,051.90 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded down 3.7% against the dollar and now trades at $338.23 or 0.00572604 BTC.
• Arweave (AR) traded 3.8% lower against the dollar and now trades at $21.17 or 0.00035840 BTC.
• eCash (XEC) traded down 3.7% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 3.7% lower against the dollar and now trades at $0.0732 or 0.00000124 BTC.

Bitcoin SV Coin Profile

Bitcoin SV (CRYPTO:BSV) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It launched on November 15th, 2018. Bitcoin SV’s total supply is 19,742,684 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.”

Buying and Selling Bitcoin SV

It is usually not currently possible to purchase alternative cryptocurrencies such as Bitcoin SV directly using US dollars. Investors seeking to trade Bitcoin SV should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Bitcoin SV using one of the aforementioned exchanges.

BSV/USD price chart by TradingView