Bitcoin SV Price Tops $64.96 (BSV)

Bitcoin SV (BSV) traded down 1.7% against the U.S. dollar during the twenty-four hour period ending at 7:00 AM Eastern on April 27th. One Bitcoin SV coin can now be purchased for $64.96 or 0.00103434 BTC on major cryptocurrency exchanges. Bitcoin SV has a total market capitalization of $1.28 billion and $53.28 million worth of Bitcoin SV was traded on exchanges in the last 24 hours. During the last seven days, Bitcoin SV has traded down 1.3% against the U.S. dollar.

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

• Bitcoin (BTC) traded down 2.3% against the dollar and now trades at $62,793.85 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded down 1.9% against the dollar and now trades at $469.47 or 0.00747545 BTC.
• Arweave (AR) traded 4.9% lower against the dollar and now trades at $31.32 or 0.00049875 BTC.
• eCash (XEC) traded down 4.9% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Syscoin (SYS) traded down 5.7% against the dollar and now trades at $0.22 or 0.00000344 BTC.

Bitcoin SV 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 19,693,609 coins. Bitcoin SV’s official website 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.”

Buying and Selling Bitcoin SV

It is usually not 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 Coinbase. 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