RATE Group | Bitcoin SV (BSV) is up 40% but Analysts aren’t Convinced
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Bitcoin SV (BSV) is up 40% but Analysts aren’t Convinced

Bitcoin SV (BSV) is up 40% but Analysts aren’t Convinced

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Less than a year ago, almost all the major crypto exchanges delisted Bitcoin SV (BSV) over their bad blood with its founder – and self-proclaimed Bitcoin creator – Craig Wright. But that did not deter the fifth-largest cryptocurrency from establishing an all-time high.

The BSV-to-dollar exchange rate last week peaked at $458.70 as investors shifted their focus on its upcoming hard fork. On February 4, a code modification, codenamed “Genesis,” is hopeful to make Bitcoin SV blockchain more similar to the original Bitcoin created by Satoshi Nakamoto.

Founding president Jimmy Nguyen explained that the new version would be similar to “a world where data, transactions and digital activity of all types can be “on-chain” on a single public blockchain, just like the world operates online on a single public Internet.”

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