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Why did bitcoin sv spike today

What is bitcoin sv

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' + curPost.post_body + ' Buy bitcoin sv Bitcoin SV (BSV), the product of a 2018 hard fork of the Bitcoin Cash blockchain, is up nearly 40% in the past 24 hours. The rally has pushed BSV’s market capitalization ahead of well-known DeFi tokens like Curve Finance’s CRV and the recently launched SUI.

Bitcoin sv spike

While a recent rumor falsely claimed that the SEC had approved Wall Street titan BlackRock's spot Bitcoin ETF application, it sent Bitcoin's price briefly soaring to $30,000. This incident acted as a warning for Bitcoin skeptics, emphasizing the potential for swift ETF-related price spikes and causing them to stay cautious. What Makes Bitcoin SV Different From Others? Bitcoin forks had garnered significant attention, with Vitalik Buterin even expressing his disappointment last year. Similar to Ethereum‘s inability to dethrone its smart contract platform competitors, Bitcoin also remains stagnant. So why are Bitcoin forks gaining popularity recently? What was the reason behind the rise of BSV Coin?

Bitcoin SV (BSV) Price Prediction 2023, 2024, 2025-2030

What is bsv bitcoin © 2023 BSV Blockchain Association. Satoshi gets concerned and takes a sabbatical In an interview with Finance Magnates, Jimmy Nguyen, the former CEO of nHash, discussed the then 10-month old ecosystem of Bitcoin SV and its ties with Wright. He also clarified that the digital currency is much bigger than the tainted reputation of Wright.

What is bsv bitcoin

“Betting on a sustained decline on BTC here is like going against gravity,” said Jack Tan, founder of crypto exchange WOO Network, in a note to CoinDesk. “For sure the ETF anticipation will provide a strong demand, but also if people start viewing BTC as a rush to safety trade, this will usher in a new paradigm.” Too Long; Didn't Read Please read our Coin Listings Disclaimer. Learn More · Hide This

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