Bitcoin SV Price Hits $50.20 on Top Exchanges (BSV)

Bitcoin SV (BSV) traded up 8.5% against the dollar during the 1 day period ending at 8:00 AM ET on November 6th. Over the last seven days, Bitcoin SV has traded 0.1% higher against the dollar. Bitcoin SV has a market cap of $992.95 million and approximately $70.40 million worth of Bitcoin SV was traded on exchanges in the last 24 hours. One Bitcoin SV coin can currently be purchased for about $50.20 or 0.00068018 BTC on cryptocurrency exchanges.

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

• Bitcoin (BTC) traded up 7.7% against the dollar and now trades at $73,803.41 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 8.4% higher against the dollar and now trades at $366.82 or 0.00497022 BTC.
• Arweave (AR) traded up 11.2% against the dollar and now trades at $15.09 or 0.00020441 BTC.
• eCash (XEC) traded up 8.5% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 11% higher against the dollar and now trades at $0.0947 or 0.00000128 BTC.

Bitcoin SV Coin Profile

BSV 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 19,780,153 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 presently possible to purchase alternative cryptocurrencies such as Bitcoin SV directly using U.S. dollars. Investors seeking to trade Bitcoin SV should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Bitcoin SV using one of the aforementioned exchanges.

BSV/USD price chart by TradingView