Bitcoin SV (BSV) has become the latest addition to the top 10 list of coins based on market capitalization. After CoinGeek and nChain conceded they were not fighting anymore for the BCH ticker, the new chain was deemed secure enough to list as a separate digital asset. Bitcoin SV, standing for Satoshi’s Vision, attempts to serve the purpose of digital cash by gradually growing block size.
The price of BSV rapidly climbed to three-digit levels, moving opposite the market as all other assets crashed again. BSV doubled in a week to reach $112.68, growing by more than 14% in the past 24 hours. The official date of its launch and the listing of the supply of 17,477,861 BSV was November 26.
BSV volumes rose to above $600 million equivalent, while the BCH ticker saw around $319 million in trades. More than 50% of BSV volumes are against Tether (USDT), c...
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