RATE Group | BSV Soars 95% Challenging Its Original Fork Bitcoin Cash for Top 5
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BSV Soars 95% Challenging Its Original Fork Bitcoin Cash for Top 5

BSV Soars 95% Challenging Its Original Fork Bitcoin Cash for Top 5

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On Tuesday Bitcoin price (BTC) pushed through $8,600 and rallied all the way to $8,859 before taking what appears to be a breather near $8,750. 

As reported earlier by Cointelegraph, crypto analyst Tone Vays predicted that if Bitcoin price gained above $8,600, $8,800 would serve as the next level of stiff resistance. At the time of writing Bitcoin is up 7.74% for the day and it appears that a strong trend reversal is in the making as the price has sustained above the descending channel trendline for the last 20-hours. 

Cryptocurrency market weekly overview. Source: Coin360

Altcoins also steadfastly followed Bitcoin’s strong upswing, leading a number of top-10 cryptocurrencies to post double-digit gains. Bitcoin SV (BSV) is the most notable gainer with a 93.63% gain and earlier in the day the altcoin flipped positions with Bitcoin Cash (BCH) but at the time of writing the two are neck and neck for the fourth spot. If BSV flips BCH again the altcoin will be the fourth largest…

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