Bitcoin SV Price Reaches $50.99 on Major Exchanges (BSV)

Bitcoin SV (BSV) traded up 2% against the U.S. dollar during the 24 hour period ending at 21:00 PM Eastern on October 18th. Over the last week, Bitcoin SV has traded 11.5% higher against the U.S. dollar. Bitcoin SV has a market capitalization of $1.01 billion and approximately $38.35 million worth of Bitcoin SV was traded on exchanges in the last day. One Bitcoin SV coin can currently be purchased for about $50.99 or 0.00074640 BTC on major cryptocurrency exchanges.

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

• Bitcoin (BTC) traded up 1.7% against the dollar and now trades at $68,318.46 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 0.9% lower against the dollar and now trades at $365.63 or 0.00535186 BTC.
• Arweave (AR) traded up 2.7% against the dollar and now trades at $19.07 or 0.00027919 BTC.
• eCash (XEC) traded 1.6% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded up 2.2% against the dollar and now trades at $0.10 or 0.00000149 BTC.

Bitcoin SV Profile

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 19,771,834 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 possible to buy alternative cryptocurrencies such as Bitcoin SV directly using U.S. dollars. Investors seeking to trade Bitcoin SV should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Gemini or GDAX. 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