Bitcoin SV Price Hits $50.37 on Exchanges (BSV)

Bitcoin SV (BSV) traded 1.9% lower against the US dollar during the twenty-four hour period ending at 15:00 PM Eastern on October 19th. During the last seven days, Bitcoin SV has traded 10.5% higher against the US dollar. One Bitcoin SV coin can currently be bought for about $50.37 or 0.00073874 BTC on exchanges. Bitcoin SV has a market capitalization of $995.94 million and $30.15 million worth of Bitcoin SV was traded on exchanges in the last 24 hours.

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

• Bitcoin (BTC) traded 0.6% lower against the dollar and now trades at $68,183.79 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 1.2% lower against the dollar and now trades at $363.27 or 0.00532774 BTC.
• Arweave (AR) traded 1.9% lower against the dollar and now trades at $18.68 or 0.00027398 BTC.
• eCash (XEC) traded down 1.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 3.2% lower against the dollar and now trades at $0.10 or 0.00000147 BTC.

About Bitcoin SV

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 19,772,250 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 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, GDAX or Coinbase. 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