Bitcoin SV Price Tops $46.43 (BSV)

Bitcoin SV (BSV) traded up 1.4% against the U.S. dollar during the 1-day period ending at 14:00 PM E.T. on October 6th. One Bitcoin SV coin can currently be purchased for $46.43 or 0.00074126 BTC on major exchanges. In the last week, Bitcoin SV has traded down 10.4% against the U.S. dollar. Bitcoin SV has a market cap of $917.78 million and $23.38 million worth of Bitcoin SV was traded on exchanges in the last day.

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

• Bitcoin (BTC) traded up 1% against the dollar and now trades at $62,637.86 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded up 0.5% against the dollar and now trades at $323.02 or 0.00515702 BTC.
• Arweave (AR) traded up 4.5% against the dollar and now trades at $19.27 or 0.00030765 BTC.
• eCash (XEC) traded up 1.1% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded up 7.1% against the dollar and now trades at $0.10 or 0.00000163 BTC.

Bitcoin SV Profile

Bitcoin SV 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 19,766,359 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 presently possible to purchase alternative cryptocurrencies such as Bitcoin SV directly using US dollars. Investors seeking to acquire Bitcoin SV should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Bitcoin SV using one of the exchanges listed above.

BSV/USD price chart by TradingView