Bitcoin SV (BSV) Trading 0.7% Lower Over Last 7 Days

by · The Markets Daily

Bitcoin SV (BSV) traded 0.4% lower against the U.S. dollar during the one day period ending at 19:00 PM E.T. on October 10th. Bitcoin SV has a market capitalization of $867.23 million and $24.87 million worth of Bitcoin SV was traded on exchanges in the last 24 hours. Over the last week, Bitcoin SV has traded down 0.7% against the U.S. dollar. One Bitcoin SV coin can now be purchased for approximately $43.87 or 0.00072916 BTC on popular cryptocurrency exchanges.

Here is how other cryptocurrencies have performed over the last 24 hours:

  • Bitcoin (BTC) traded 0.7% lower against the dollar and now trades at $60,165.15 or 1.00000000 BTC.
  • Bitcoin Cash (BCH) traded 0.2% higher against the dollar and now trades at $321.71 or 0.00534717 BTC.
  • Arweave (AR) traded down 0.5% against the dollar and now trades at $17.98 or 0.00029885 BTC.
  • eCash (XEC) traded 0.4% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Syscoin (SYS) traded 0.4% lower against the dollar and now trades at $0.0976 or 0.00000162 BTC.

About Bitcoin SV

BSV is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its launch date was November 15th, 2018. Bitcoin SV’s total supply is 19,768,228 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 currently possible to purchase alternative cryptocurrencies such as Bitcoin SV directly using U.S. dollars. Investors seeking to trade Bitcoin SV should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Bitcoin SV using one of the exchanges listed above.

BSV/USD price chart by TradingView