RATE Group | Bitcoin SV (BSV) fireworks brighten the crypto landscape: BSV/USD jumps 17%
66117
post-template-default,single,single-post,postid-66117,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Bitcoin SV (BSV) fireworks brighten the crypto landscape: BSV/USD jumps 17%

22 Oct Bitcoin SV (BSV) fireworks brighten the crypto landscape: BSV/USD jumps 17%

Posted at 04:26h in Bitcoin News by

[ad_1]

  • Bitcoin SV breaks out in overwhelming gains shunning the dully market trend.
  • Following the impeccable surge, BSV is trading in a range between $110 and $115.

Bitcoin SV exploded in marvelous gains on Monday becoming a market leader in terms of recovery. From an opening price of $94.69, BSV ascended to highs of $113.24 at the close of the session yesterday. The price action saw a ripple effect on the trading volume which saw a 44% rise in just 24 hours from $303 million to $541 million. The digital asset’s market cap also ballooned from $1.6 billion to $2 billion in the same period.

At the time of writing, Bitcoin SV is still up 17% from the same time on Monday against both the USD and BTC. The trading volume is holding at $581 million in the last 24 hours while the market cap is standing at $2 billion.

Looking at the one-hour chart, BSV’s break above the Simple Moving Averages (SMAs) was key to the tremendous gains. The 50 SMA on the one-hour chart and…

[ad_2]

Source link

Tags:
, , , , , , , , ,