Bitcoin SV (BSV) Price Tops $57.12 on Major Exchanges

Bitcoin SV (BSV) traded up 6.7% against the dollar during the 1-day period ending at 13:00 PM Eastern on December 24th. Bitcoin SV has a total market capitalization of $1.13 billion and $63.30 million worth of Bitcoin SV was traded on exchanges in the last day. During the last week, Bitcoin SV has traded down 12.4% against the dollar. One Bitcoin SV coin can currently be purchased for approximately $57.12 or 0.00057997 BTC on major cryptocurrency exchanges.

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

• Bitcoin (BTC) traded 5.7% higher against the dollar and now trades at $98,482.11 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded up 7.2% against the dollar and now trades at $475.04 or 0.00482362 BTC.
• Arweave (AR) traded 10.3% higher against the dollar and now trades at $17.79 or 0.00018067 BTC.
• eCash (XEC) traded 5.5% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 9.9% higher against the dollar and now trades at $0.12 or 0.00000121 BTC.

About Bitcoin SV

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 19,801,762 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 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, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Bitcoin SV using one of the exchanges listed above.

BSV/USD price chart by TradingView