Bitcoin SV (BSV) Price Tops $47.53 on Major Exchanges

Bitcoin SV (BSV) traded 0% lower against the U.S. dollar during the 24-hour period ending at 23:00 PM E.T. on October 23rd. During the last week, Bitcoin SV has traded down 6.7% against the U.S. dollar. One Bitcoin SV coin can now be bought for about $47.53 or 0.00070611 BTC on major cryptocurrency exchanges. Bitcoin SV has a total market cap of $939.84 million and $29.02 million worth of Bitcoin SV was traded on exchanges in the last 24 hours.

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

• Bitcoin (BTC) traded up 0.6% against the dollar and now trades at $67,310.35 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded up 1% against the dollar and now trades at $356.29 or 0.00529319 BTC.
• Arweave (AR) traded down 0% against the dollar and now trades at $18.10 or 0.00026890 BTC.
• eCash (XEC) traded up 0% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 1.5% lower against the dollar and now trades at $0.10 or 0.00000152 BTC.

Bitcoin SV Coin Profile

Bitcoin SV 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 19,774,166 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 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 GDAX, Changelly or Gemini. 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