Bitcoin SV (BSV) Price Hits $63.83 on Top Exchanges

Bitcoin SV (BSV) traded down 0.9% against the US dollar during the 1-day period ending at 18:00 PM Eastern on May 6th. One Bitcoin SV coin can now be purchased for about $63.83 or 0.00100567 BTC on cryptocurrency exchanges. In the last seven days, Bitcoin SV has traded down 2.5% against the US dollar. Bitcoin SV has a total market cap of $1.26 billion and approximately $42.34 million worth of Bitcoin SV was traded on exchanges in the last day.

Here’s how related cryptocurrencies have performed in the last day:

• Bitcoin (BTC) traded down 0.6% against the dollar and now trades at $63,473.33 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded up 1.8% against the dollar and now trades at $474.99 or 0.00748337 BTC.
• Arweave (AR) traded 0.4% lower against the dollar and now trades at $40.07 or 0.00063126 BTC.
• eCash (XEC) traded down 1.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded up 0.9% against the dollar and now trades at $0.20 or 0.00000320 BTC.

Bitcoin SV Profile

Bitcoin SV is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It was first traded on November 15th, 2018. Bitcoin SV’s total supply is 19,697,853 coins. Bitcoin SV’s official website 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.”

Bitcoin SV Coin Trading

It is usually not possible to purchase alternative cryptocurrencies such as Bitcoin SV directly using U.S. dollars. Investors seeking to acquire 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