- BSV has recently taken over BCH in market cap rankings.
- If BSV can break above $120, we could see the gap between BCH and BSV continue to widen.
- Support moving forward: $100, $98.03, $86.07, $76.40, $66.72, $52.95, $44.76.
- Resistance moving forward: $117, $120, $130, $139.14, $150.78, $167.52.
Latest Bitcoin SV News
As the rest of the cryptocurrency market continues to collapse over the past 24 hours, with Bitcoin creating fresh 2018 lows once again, Bitcoin Cash Satoshis Vision (BSV) has seen a surge in its value, leading to it overtake its rival, the original Bitcoin Cash.
Over the past 24 hours, BSV has risen by an impressive 22%. It created a “flippening” as it takes over Bitcoin Cash for the 5th ranking in market cap valuations. BSV presently holds a $1.96 billion market cap whereas BCH now holds a $1.77 billion market cap, putting it in 7th position behind Tether.
Although BSV may have lost the hash war, where miners went head-to-head to create the longest chain after…