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Bitcoin's Low-Cost Offshoot BSV Becomes Market's Biggest Gainer While King Crypto Plunges Over 4%
Bitcoin BTC/USD fell dramatically overnight Tuesday, taking many investors by surprise. However, its lesser-known spin-off grabbed the spotlight after recording healthy gains. What happened: Bitcoin SV BSV/USD rose over 3% in the last 24 hours to become the market's biggest gainer in as many hours. Trading volume for the cryptocurrency shot up by more than 61% to $49.5 million, signaling substantial buying momentum. With the latest spike, the Bitcoin-labeled coin's weekly gains exceeded 8%. For the curious, BSV emerged following a hard fork of the Bitcoin Cash BCH/USD blockchain in 2018, which had in turn forked from ... (full story)
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- Posted: Sep 4, 2024 11:29pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 65
