Bitcoin SV Price Up 7.3% This Week (BSV)

Bitcoin SV (BSV) traded 0.8% lower against the US dollar during the 1-day period ending at 19:00 PM Eastern on September 5th. One Bitcoin SV coin can currently be purchased for about $45.24 or 0.00080668 BTC on popular exchanges. Bitcoin SV has a market cap of $893.58 million and approximately $37.10 million worth of Bitcoin SV was traded on exchanges in the last day. Over the last seven days, Bitcoin SV has traded up 7.3% against the US dollar.

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

• Bitcoin (BTC) traded down 3.2% against the dollar and now trades at $56,079.99 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded down 2.9% against the dollar and now trades at $306.10 or 0.00545829 BTC.
• Arweave (AR) traded 1.6% lower against the dollar and now trades at $20.95 or 0.00037364 BTC.
• eCash (XEC) traded down 2.1% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 3.1% higher against the dollar and now trades at $0.10 or 0.00000184 BTC.

Bitcoin SV Profile

Bitcoin SV (CRYPTO:BSV) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its genesis date was November 15th, 2018. Bitcoin SV’s total supply is 19,752,588 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 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 Gemini, Coinbase or Changelly. 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