Bitcoin SV (BSV) Price Hits $59.10 on Major Exchanges

Bitcoin SV (BSV) traded up 5.4% against the US dollar during the 24-hour period ending at 13:00 PM Eastern on May 2nd. One Bitcoin SV coin can now be bought for $59.10 or 0.00099926 BTC on popular cryptocurrency exchanges. Over the last week, Bitcoin SV has traded 11.9% lower against the US dollar. Bitcoin SV has a market capitalization of $1.16 billion and $44.56 million worth of Bitcoin SV was traded on exchanges in the last day.

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

• Bitcoin (BTC) traded up 2.9% against the dollar and now trades at $59,147.69 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 7% higher against the dollar and now trades at $429.34 or 0.00725881 BTC.
• Arweave (AR) traded 24.8% higher against the dollar and now trades at $33.77 or 0.00057087 BTC.
• eCash (XEC) traded up 7.5% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded up 7.5% against the dollar and now trades at $0.20 or 0.00000331 BTC.

Bitcoin SV Profile

Bitcoin SV (CRYPTO: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 19,695,997 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.”

Bitcoin SV Coin Trading

It is usually not possible to purchase alternative cryptocurrencies such as Bitcoin SV directly using U.S. dollars. Investors seeking to acquire Bitcoin SV should first purchase 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 purchase Bitcoin SV using one of the exchanges listed above.

BSV/USD price chart by TradingView