Bitcoin SV (BSV) Trading 8.6% Higher Over Last Week

Bitcoin SV (BSV) traded 3.7% higher against the US dollar during the twenty-four hour period ending at 9:00 AM ET on May 18th. During the last week, Bitcoin SV has traded up 8.6% against the US dollar. Bitcoin SV has a total market capitalization of $1.31 billion and $45.06 million worth of Bitcoin SV was traded on exchanges in the last 24 hours. One Bitcoin SV coin can now be purchased for $66.67 or 0.00099556 BTC on major exchanges.

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

  • Bitcoin (BTC) traded up 1.7% against the dollar and now trades at $66,965.24 or 1.00000000 BTC.
  • Bitcoin Cash (BCH) traded up 3.1% against the dollar and now trades at $481.58 or 0.00719146 BTC.
  • Arweave (AR) traded 0.4% lower against the dollar and now trades at $47.78 or 0.00071345 BTC.
  • eCash (XEC) traded 2.2% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Syscoin (SYS) traded down 5.5% against the dollar and now trades at $0.19 or 0.00000284 BTC.

Bitcoin SV Profile

Bitcoin SV (BSV) 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 19,703,041 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 US dollars. Investors seeking to acquire Bitcoin SV should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Bitcoin SV using one of the aforementioned exchanges.

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