Bitcoin SV Price Hits $47.92 on Exchanges (BSV)

Bitcoin SV (BSV) traded down 2.4% against the dollar during the 1 day period ending at 13:00 PM Eastern on January 29th. Bitcoin SV has a market cap of $949.69 million and $50.05 million worth of Bitcoin SV was traded on exchanges in the last 24 hours. One Bitcoin SV coin can now be purchased for about $47.92 or 0.00046758 BTC on exchanges. Over the last seven days, Bitcoin SV has traded 8.2% lower against the dollar.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• Bitcoin (BTC) traded 0.3% higher against the dollar and now trades at $102,485.84 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 3.7% lower against the dollar and now trades at $411.31 or 0.00401335 BTC.
• Arweave (AR) traded down 2.8% against the dollar and now trades at $12.81 or 0.00012502 BTC.
• eCash (XEC) traded 2.9% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded down 2.3% against the dollar and now trades at $0.0884 or 0.00000086 BTC.

Bitcoin SV Coin Profile

Bitcoin SV (BSV) 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 19,817,856 coins. Bitcoin SV’s official Twitter account is @bsvblockchain and its Facebook page is accessible here. The official website for Bitcoin SV 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.”

Bitcoin SV Coin Trading

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

BSV/USD price chart by TradingView