Bitcoin SV (BSV) Trading Down 2.6% Over Last Week

Bitcoin SV (BSV) traded down 4.4% against the dollar during the one day period ending at 22:00 PM E.T. on October 21st. Bitcoin SV has a market cap of $973.21 million and $33.32 million worth of Bitcoin SV was traded on exchanges in the last day. During the last week, Bitcoin SV has traded 2.6% lower against the dollar. One Bitcoin SV coin can now be purchased for $49.22 or 0.00072788 BTC on exchanges.

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

  • Bitcoin (BTC) traded 2.2% lower against the dollar and now trades at $67,615.39 or 1.00000000 BTC.
  • Bitcoin Cash (BCH) traded 2.5% lower against the dollar and now trades at $365.85 or 0.00541049 BTC.
  • Arweave (AR) traded down 4.6% against the dollar and now trades at $18.62 or 0.00027541 BTC.
  • eCash (XEC) traded 4.1% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Syscoin (SYS) traded down 2% against the dollar and now trades at $0.10 or 0.00000155 BTC.

About Bitcoin SV

Bitcoin SV (CRYPTO:BSV) 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 19,773,200 coins. Bitcoin SV’s official Twitter account is @bsvblockchain and its Facebook page is accessible here. Bitcoin SV’s official website 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.”

Buying and Selling Bitcoin SV

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

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