The rally for Bitcoin SV (BSV) continued late on Thursday, bringing the coin to a record point above $250. The asset reached a daily high at $251.07, an absolute peak in dollar terms. However, later, the coin went on to crash just as fast, wiping out last day’s gains and landing at $188.48 as of 6:15 UTC on Friday.
BSV is still extremely volatile, bouncing off from lows at around $179 on Friday. It is unknown what direction the asset would take, as it is still in the price discovery stage. BSV has a mixed reputation in the community, but if the price sets out to rise to a higher range, it is possible the coin will keep attracting interest.