RATE Group | Bitcoin SV (BSV) Jumps 17% Out of Nowhere
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Bitcoin SV (BSV) Jumps 17% Out of Nowhere

Bitcoin SV (BSV) Jumps 17% Out of Nowhere

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The price 0f Bitcoin SV (BSV) on Saturday surged by up to 17 percent in what appears to be a whale-influenced pump.

The BSV-to-dollar exchange rate climbed from $288.71 to as high as $343.53 in just four hours. The pair’s move uphill followed days of choppy sideways action and a humongous 300 percent jump before, showing that Bitcoin SV is initiating a run towards its year-to-date top of circa $458.

bitcoin sv, cryptocurrency

Bitcoin SV jumps exponentially to break out of its flag range | Source: TradingView.com, BitFinex

The jump came even though the rest of the cryptocurrency tokens were going through a corrective phase after a long uptrend. Top asset bitcoin, for instance, plunged 0.12 percent whilst the second-best Ethereum was up modestly by 1.91 percent. XRP plunged by more than 2.5 percent on a 24-adjusted timeframe.

Wikipedia Snubs Bitcoin SV

Bitcoin SV’s gains also followed a snub from Wikipedia founder Jimmy Wales over the blockchain project’s involvement with the information portal.

Mr. Wales, who…

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