Bitcoin SV Price Hits $65.39 on Top Exchanges (BSV)

Bitcoin SV (BSV) traded down 1.7% against the U.S. dollar during the 24 hour period ending at 9:00 AM E.T. on May 23rd. During the last week, Bitcoin SV has traded 4.3% higher against the U.S. dollar. Bitcoin SV has a total market cap of $1.29 billion and approximately $53.52 million worth of Bitcoin SV was traded on exchanges in the last day. One Bitcoin SV coin can now be bought for about $65.39 or 0.00095265 BTC on popular exchanges.

Here is how related cryptocurrencies have performed during the last day:

• Bitcoin (BTC) traded 1.4% lower against the dollar and now trades at $68,644.64 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 0.3% lower against the dollar and now trades at $499.01 or 0.00726941 BTC.
• Arweave (AR) traded down 4.7% against the dollar and now trades at $42.10 or 0.00061331 BTC.
• eCash (XEC) traded 0.9% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Syscoin (SYS) traded down 2.5% against the dollar and now trades at $0.18 or 0.00000267 BTC.

Bitcoin SV Coin Profile

Bitcoin SV (BSV) 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 19,705,359 coins. Bitcoin SV’s official Twitter account is @bsvblockchain and its Facebook page is accessible here. The official website for Bitcoin SV 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 possible to buy alternative cryptocurrencies such as Bitcoin SV directly using U.S. dollars. Investors seeking to trade Bitcoin SV should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Bitcoin SV using one of the aforementioned exchanges.

BSV/USD price chart by TradingView