Bitcoin SV (BSV) was the surprising gainer this Thursday, growing by more than 93% in total overnight, peaking at $237.37. The price retreated a little, and the asset stood at $228.11 as of 6:00 UTC. The extreme activity on Asian exchanges was boosting the coin, which started the climb from levels of around $116.
Trading volumes also kept peaking, to an absolute record above $1.9 billion’s equivalent. Despite the delisting from Binance, BSV has an active market on Huobi, Bithumb, and OKEx, with multiple pairs including fiat trading against the Korean won. More than 51% of all activity is against Tether (USDT), decoupling BSV from Bitcoin (BTC).
This is also the reason for the dollar-like spike in BSV prices, while the asset has not recovered its...