Forex and Crypto News

Bitcoin SV price jumped by 20% in 24 hours

16:05 26 February /2019

During the past 24 hours, the Bitcoin SV (BSV) has shown aggressive growth, jumping by 20% in price.

Now, this digital asset has a real chance return to the top 10 cryptocurrencies with the biggest capitalization. The BSV rate is continuing to add and has already exceeded $74, and the asset’s market capitalization is just over $1.306 billion.

bsvusd-26-february.jpg

In the top 10 chart, the nearest competitor of Bitcoin SV is Binance Coin, whose capitalization exceeds $1.341 billion. This coin is also growing in price, but at a more modest pace, so many analysts predict that Bitcoin SV will return to the top ten in the coming days.

Recall the BSV coin, formed as a result of the Bitcoin Cash network hard forks, began to grow at an explosive pace at the end of last year. For some time this asset even appeared in the top five largest cryptocurrencies, but then it began to lose ground.

Today's rally was the result of an increase in the volume of transactions with BSV on the South Korean stock exchanges Bithumb and Upbit.

The second factor is the decision of the Lithuanian platform Coingate to launch operations with BSV. According to the company's report, it serves more than 80 thousand registered users and 4,500 corporate clients.

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