Bitcoin SV (BSV) Price Hits $42.78 on Exchanges

Bitcoin SV (BSV) traded 3.2% lower against the U.S. dollar during the 24-hour period ending at 13:00 PM Eastern on August 16th. Over the last seven days, Bitcoin SV has traded up 2% against the U.S. dollar. One Bitcoin SV coin can now be purchased for about $42.78 or 0.00072785 BTC on cryptocurrency exchanges. Bitcoin SV has a total market cap of $844.59 million and approximately $36.51 million worth of Bitcoin SV was traded on exchanges in the last day.

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

• Bitcoin (BTC) traded up 0.2% against the dollar and now trades at $58,772.69 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 1.9% lower against the dollar and now trades at $336.04 or 0.00571754 BTC.
• Arweave (AR) traded down 3.6% against the dollar and now trades at $21.12 or 0.00035927 BTC.
• eCash (XEC) traded 0.8% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded down 0.2% against the dollar and now trades at $0.0704 or 0.00000120 BTC.

Bitcoin SV Coin Profile

Bitcoin SV (CRYPTO:BSV) 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 19,743,541 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 purchase alternative cryptocurrencies such as Bitcoin SV directly using US dollars. Investors seeking to trade Bitcoin SV should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Coinbase or Gemini. 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