Bitcoin SV (BSV) Trading Down 26.6% This Week

Bitcoin SV (BSV) traded 4.1% higher against the dollar during the 24-hour period ending at 12:00 PM ET on April 18th. One Bitcoin SV coin can currently be bought for $67.14 or 0.00105418 BTC on popular cryptocurrency exchanges. Bitcoin SV has a total market cap of $1.32 billion and $55.34 million worth of Bitcoin SV was traded on exchanges in the last 24 hours. During the last week, Bitcoin SV has traded 26.6% lower against the dollar.

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

• Bitcoin (BTC) traded up 5.5% against the dollar and now trades at $63,686.19 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded up 6.6% against the dollar and now trades at $484.40 or 0.00760612 BTC.
• Arweave (AR) traded 3.8% higher against the dollar and now trades at $25.01 or 0.00039274 BTC.
• eCash (XEC) traded 4.7% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Syscoin (SYS) traded 3.4% higher against the dollar and now trades at $0.22 or 0.00000338 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 19,689,606 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 purchase alternative cryptocurrencies such as Bitcoin SV directly using U.S. dollars. Investors seeking to acquire Bitcoin SV should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Changelly. 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