Bitcoin SV Trading Down 12.8% This Week (BSV)

Bitcoin SV (BSV) traded up 2.5% against the dollar during the 24 hour period ending at 0:00 AM Eastern on July 9th. Over the last seven days, Bitcoin SV has traded down 12.8% against the dollar. One Bitcoin SV coin can currently be bought for approximately $37.93 or 0.00064393 BTC on major exchanges. Bitcoin SV has a total market cap of $748.21 million and $27.13 million worth of Bitcoin SV was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed over the last day:

• Bitcoin (BTC) traded 3% higher against the dollar and now trades at $58,902.80 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded up 0.4% against the dollar and now trades at $337.82 or 0.00573522 BTC.
• Arweave (AR) traded up 1.5% against the dollar and now trades at $22.64 or 0.00038437 BTC.
• eCash (XEC) traded 1.9% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded up 3.6% against the dollar and now trades at $0.11 or 0.00000178 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 19,726,675 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 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 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