Bitcoin SV Price Reaches $40.98 on Major Exchanges (BSV)

Bitcoin SV (BSV) traded up 11.5% against the U.S. dollar during the 24-hour period ending at 9:00 AM Eastern on August 7th. During the last seven days, Bitcoin SV has traded 21% lower against the U.S. dollar. One Bitcoin SV coin can now be bought for about $40.98 or 0.00071710 BTC on major cryptocurrency exchanges. Bitcoin SV has a market capitalization of $808.94 million and $54.11 million worth of Bitcoin SV was traded on exchanges in the last day.

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

• Bitcoin (BTC) traded 4.2% higher against the dollar and now trades at $57,148.41 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded up 4.7% against the dollar and now trades at $325.66 or 0.00569842 BTC.
• Arweave (AR) traded up 4.1% against the dollar and now trades at $20.85 or 0.00036490 BTC.
• eCash (XEC) traded 5.6% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded up 2.8% against the dollar and now trades at $0.0711 or 0.00000124 BTC.

Bitcoin SV Coin Profile

Bitcoin SV (CRYPTO: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 19,739,397 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.”

Bitcoin SV Coin Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as Bitcoin SV directly using US dollars. Investors seeking to trade Bitcoin SV should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Changelly or GDAX. 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