Bitcoin SV (BSV) Trading 15.6% Higher This Week

Bitcoin SV (BSV) traded down 1.3% against the dollar during the 1-day period ending at 13:00 PM ET on October 17th. In the last week, Bitcoin SV has traded up 15.6% against the dollar. Bitcoin SV has a market capitalization of $996.78 million and approximately $42.31 million worth of Bitcoin SV was traded on exchanges in the last day. One Bitcoin SV coin can now be bought for $50.42 or 0.00074770 BTC on popular exchanges.

Here is how similar cryptocurrencies have performed in the last day:

• Bitcoin (BTC) traded down 0.6% against the dollar and now trades at $67,406.75 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded up 0.7% against the dollar and now trades at $367.90 or 0.00545613 BTC.
• Arweave (AR) traded down 1.1% against the dollar and now trades at $18.53 or 0.00027478 BTC.
• eCash (XEC) traded down 3.1% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded down 1.2% against the dollar and now trades at $0.10 or 0.00000149 BTC.

Bitcoin SV Coin Profile

Bitcoin SV is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It was first traded on November 15th, 2018. Bitcoin SV’s total supply is 19,771,253 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 presently 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 GDAX, Coinbase or Gemini. 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