Bitcoin SV (BSV) Price Tops $52.16 on Top Exchanges

Bitcoin SV (BSV) traded 2.7% higher against the U.S. dollar during the 1-day period ending at 18:00 PM ET on October 31st. One Bitcoin SV coin can currently be purchased for approximately $52.16 or 0.00074109 BTC on major cryptocurrency exchanges. Bitcoin SV has a total market capitalization of $1.03 billion and approximately $81.05 million worth of Bitcoin SV was traded on exchanges in the last 24 hours. Over the last week, Bitcoin SV has traded 6.7% higher against the U.S. dollar.

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

• Bitcoin (BTC) traded 2.7% lower against the dollar and now trades at $70,379.60 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 2.9% lower against the dollar and now trades at $359.49 or 0.00510787 BTC.
• Arweave (AR) traded down 7% against the dollar and now trades at $15.42 or 0.00021908 BTC.
• eCash (XEC) traded 0.5% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded down 5.1% against the dollar and now trades at $0.0975 or 0.00000139 BTC.

Bitcoin SV Coin Profile

Bitcoin SV (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 19,777,672 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.”

Buying and Selling Bitcoin SV

It is usually not currently possible to buy alternative cryptocurrencies such as Bitcoin SV directly using U.S. dollars. Investors seeking to trade Bitcoin SV should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Gemini. 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