Bitcoin SV Price Down 3.1% This Week (BSV)

Bitcoin SV (BSV) traded down 0.7% against the dollar during the twenty-four hour period ending at 14:00 PM Eastern on May 26th. One Bitcoin SV coin can now be purchased for $63.48 or 0.00092341 BTC on major exchanges. Bitcoin SV has a market capitalization of $1.25 billion and $38.43 million worth of Bitcoin SV was traded on exchanges in the last day. During the last seven days, Bitcoin SV has traded down 3.1% against the dollar.

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

• Bitcoin (BTC) traded down 0.5% against the dollar and now trades at $68,741.95 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded down 1.8% against the dollar and now trades at $484.14 or 0.00704282 BTC.
• Arweave (AR) traded 4.4% lower against the dollar and now trades at $38.48 or 0.00055982 BTC.
• eCash (XEC) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded down 0.1% against the dollar and now trades at $0.19 or 0.00000276 BTC.

Bitcoin SV Coin Profile

Bitcoin SV 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 19,706,731 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.”

Bitcoin SV Coin Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as Bitcoin SV directly using US dollars. Investors seeking to acquire Bitcoin SV should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Bitcoin SV using one of the aforementioned exchanges.

BSV/USD price chart by TradingView