Swap Bitcoin SV (BSV) Instantly

Bitcoin SV price performance in the past can be compared to a roller-coaster ride. BSV had a flying start to 2020, in the first two weeks of January, Bitcoin SV price shot up by 300% and hit an all-time high, $441.20 on January 14, 2020. The celebration didn’t last long, Bitcoin SV price plummeted in the following days taking the price to the levels of $250. The bearish trend did not end there and Bitcoin SV price further slipped to $150 by the end of the Q1 2020. In the second quarter, BSV price appears to have remained steady without any major changes.

Analysts predict that BSV coin would continue to grow in the future and Bitcoin SV price would be around $700 in 2025. We are sure that Bitcoin SV price will rise in the long run but it’s too early to predict for the year 2030 as BSV is relatively new. In any case, technological developments in the project and adoption are the key points which drive the value of Bitcoin SV.

Bitcoin SV is a cryptocurrency formed after the Bitcoin Cash hard fork in 2018. Bitcoin SV stands for Bitcoin Satoshi Vision. It was forked to reflect the native philosophy of Bitcoin and create a blockchain which features stability, scalability, security and safe instant transactions. Craig Wright, Calvin Ayre and Jimmy Nguyen are some of the prominent figures who back the development of Bitcoin SV.

Bitcoin SV is similar to Bitcoin and Bitcoin Cash in many aspects. Bitcoin SV also uses the Proof-of-Work consensus algorithm and new BSV is issued as a reward for the miners. In 2020, as a part of the Genesis upgrade, Bitcoin SV team completely removed the limits on block size enabling the chain to process more transactions per second. Despite the harsh criticism regarding the claims for Satoshi Nakomoto’s identity, Bitcoin SV advanced well over the years both economically and technologically and has a strong community.