Bitcoin SV Trading Down 9.7% Over Last Week (BSV)

Bitcoin SV (BSV) traded 3.2% lower against the dollar during the 24 hour period ending at 7:00 AM E.T. on April 29th. One Bitcoin SV coin can now be bought for approximately $64.59 or 0.00103598 BTC on exchanges. Bitcoin SV has a total market capitalization of $1.27 billion and approximately $37.91 million worth of Bitcoin SV was traded on exchanges in the last 24 hours. Over the last week, Bitcoin SV has traded down 9.7% against the dollar.

Here’s how related cryptocurrencies have performed over the last 24 hours:

• Bitcoin (BTC) traded 1.7% lower against the dollar and now trades at $62,350.22 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded down 4.9% against the dollar and now trades at $454.75 or 0.00729340 BTC.
• Arweave (AR) traded up 2.8% against the dollar and now trades at $35.48 or 0.00056899 BTC.
• eCash (XEC) traded down 5.4% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 5.6% lower against the dollar and now trades at $0.21 or 0.00000329 BTC.

Bitcoin SV Coin Profile

Bitcoin SV is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It launched on November 15th, 2018. Bitcoin SV’s total supply is 19,694,506 coins. The official website for Bitcoin SV 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.”

Bitcoin SV Coin Trading

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 Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Bitcoin SV using one of the aforementioned exchanges.

BSV/USD price chart by TradingView