Bitcoin SV (BSV) Trading 6.2% Lower This Week

Bitcoin SV (BSV) traded 3.1% higher against the U.S. dollar during the one day period ending at 14:00 PM Eastern on September 17th. One Bitcoin SV coin can currently be purchased for $47.45 or 0.00077823 BTC on popular exchanges. Bitcoin SV has a total market cap of $937.46 million and approximately $29.96 million worth of Bitcoin SV was traded on exchanges in the last day. During the last week, Bitcoin SV has traded 6.2% lower against the U.S. dollar.

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

• Bitcoin (BTC) traded 5.5% higher against the dollar and now trades at $60,968.26 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded up 1.1% against the dollar and now trades at $315.92 or 0.00518174 BTC.
• Arweave (AR) traded 0.5% lower against the dollar and now trades at $18.75 or 0.00030752 BTC.
• eCash (XEC) traded up 3.6% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded up 4.7% against the dollar and now trades at $0.10 or 0.00000170 BTC.

Bitcoin SV Coin Profile

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 19,757,931 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 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 aforementioned exchanges.

BSV/USD price chart by TradingView