Bitcoin SV (BSV) Price Down 22.5% Over Last 7 Days

Bitcoin SV (BSV) traded 8.1% lower against the dollar during the 1 day period ending at 11:00 AM Eastern on July 5th. Over the last week, Bitcoin SV has traded 22.5% lower against the dollar. One Bitcoin SV coin can currently be purchased for $35.08 or 0.00062338 BTC on major exchanges. Bitcoin SV has a market cap of $691.98 million and $50.12 million worth of Bitcoin SV was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed over the last day:

• Bitcoin (BTC) traded 1.9% lower against the dollar and now trades at $56,337.64 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 6% lower against the dollar and now trades at $320.81 or 0.00570047 BTC.
• Arweave (AR) traded down 5.2% against the dollar and now trades at $22.23 or 0.00039495 BTC.
• eCash (XEC) traded 2.7% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded down 8.3% against the dollar and now trades at $0.0977 or 0.00000174 BTC.

About Bitcoin SV

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 19,724,656 coins. The official website for Bitcoin SV 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 buy alternative cryptocurrencies such as Bitcoin SV directly using US dollars. Investors seeking to trade Bitcoin SV should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Bitcoin SV using one of the exchanges listed above.

BSV/USD price chart by TradingView