With an interesting turn of events, the crypto market is leaning towards the green region for the last 24hrs. Most of the cryptos are showing an increase in price. For instance, Bitcoin is up by 7%, Ethereum by 8% and so on. However, among the top 10. Bitcoin SV (BSV) has shown the greatest increase in its price as per the coinmarketcap data.
Bitcoin SV (BSV) is currently trading at 9th position with a 13.04% price higher in the last 24 hrs. BSV is trading at $106 against USD while BSV/BTC is 0.01498713 with a 5% hike. The 24hr volume has increased considerably to $605,594,976 USD with a circulating supply of 18,068,415 BSV.
The last 1 month has been full of ups and downs for BSV. The coin was facing a bearish trend for the last week dropping down to $95 on Nov 22nd. Interestingly, BSV was treading high even when others were still fighting the negative trend. Check out this twitter handle supporting BSV.
Swing traders are watching closely as Bitcoin and many altcoins are deeply oversold and a sharp relief rally could occur over the next few days. However, BSV is heading towards another bear trend claims another analyst.