Bitcoin SV (BSV) Price Reaches $50.00 on Exchanges

Bitcoin SV (BSV) traded down 0.9% against the dollar during the one day period ending at 9:00 AM Eastern on October 21st. In the last week, Bitcoin SV has traded up 7.5% against the dollar. One Bitcoin SV coin can currently be purchased for approximately $50.00 or 0.00073370 BTC on popular exchanges. Bitcoin SV has a market cap of $988.74 million and approximately $34.31 million worth of Bitcoin SV was traded on exchanges in the last 24 hours.

Here is how other cryptocurrencies have performed in the last 24 hours:

• Bitcoin (BTC) traded 1% lower against the dollar and now trades at $68,153.44 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 1.3% higher against the dollar and now trades at $368.32 or 0.00540434 BTC.
• Arweave (AR) traded down 2% against the dollar and now trades at $18.72 or 0.00027474 BTC.
• eCash (XEC) traded down 0.4% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded down 1.4% against the dollar and now trades at $0.10 or 0.00000152 BTC.

Bitcoin SV Coin Profile

Bitcoin SV (CRYPTO: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 19,772,988 coins. Bitcoin SV’s official Twitter account is @bsvblockchain and its Facebook page is accessible here. Bitcoin SV’s official website 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 presently possible to purchase alternative cryptocurrencies such as Bitcoin SV directly using U.S. dollars. Investors seeking to trade Bitcoin SV should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Gemini 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