BitcoinSV (BSV) is on a roll, gaining more than 27% in the past 24 hours and actually appreciating slightly in Bitcoin (BTC) terms. BSV extended its rally, triggered by the claims that Dr. Craig Wright is, in fact, Satoshi Nakamoto, and BSV is the asset he is backing.
BSV traded at $116.61, on volumes above $525 million’s equivalent, and has risen more than 84% in the past week. The asset reached 0.013 BTC, still far from its peak at 0.03 BTC. The relatively thin volumes mean that the asset’s price is also easier to move, especially after a handful of major exchanges delisted the coin.
The BSV asset is most active on BitMart, OKEx, and Bitforex, exchanges that have been criticized for potentially offering inflated volumes.
The rise in BSV prices also followed a glitch re...