Bitcoin SV Price Hits $46.61 on Exchanges (BSV)

Bitcoin SV (BSV) traded 3.1% lower against the U.S. dollar during the 24 hour period ending at 17:00 PM Eastern on October 23rd. Bitcoin SV has a total market capitalization of $921.70 million and approximately $28.65 million worth of Bitcoin SV was traded on exchanges in the last 24 hours. One Bitcoin SV coin can now be bought for approximately $46.61 or 0.00070176 BTC on exchanges. During the last week, Bitcoin SV has traded down 8.3% against the U.S. dollar.

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

• Bitcoin (BTC) traded down 1.4% against the dollar and now trades at $66,421.09 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 2.6% lower against the dollar and now trades at $347.32 or 0.00522906 BTC.
• Arweave (AR) traded 3% lower against the dollar and now trades at $17.87 or 0.00026897 BTC.
• eCash (XEC) traded 3.1% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded down 5.6% against the dollar and now trades at $0.10 or 0.00000151 BTC.

Bitcoin SV 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 19,774,034 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 buy alternative cryptocurrencies such as Bitcoin SV directly using U.S. dollars. Investors seeking to trade Bitcoin SV should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Bitcoin SV using one of the exchanges listed above.

BSV/USD price chart by TradingView