Bitcoin SV [BSV] 17% excursions; leaves behind EOS and Litecoin [LTC] for the seventh position

The current downward trend in the cryptocurrency market seems to be persistent with almost all the currencies sinking into the bear supply. Bitcoin money [BCH] and EOS fell by 14% and 11% in the last 4 hours to be the biggest losers in the first 10 cryptocurrencies.

Bitcoin SV [BSV] it is the only cryptocurrency that constantly flashes green even during the strong bearish trend. At the time of writing, BSV is trading at $ 103.27 with a market capitalization of $ 1.8 billion. The currency has seen an amazing growth of 17.04% in the last 24 hours. The daily chart of BSV seems to continue in an upward direction at the moment. The 1-hour BSV chart also rose 4%, according to CoinMarketCap.

Chart 1 day BSV | Source: CoinMarketCap

The highest trading volume for BSV is seen on the popular Korean exchange rate, ie around 18%. In addition, Bitcoin SV is exchanged on Binance, Bithumb, Bit-Z etc. With a commendable amount of trading volume.

BSV's performance on the market has been remarkable since the pitchfork occurred on November 15th. During the last week of November, the cryptocurrency had hit its lowest point of $ 36. However, this lasted only for a day and the cryptocurrency continued to rise steadily and soon reached the $ 100 mark.

Joel Dalais, a supporter of Bitcoin SV says:

"They thought it was over, do not call the first victory they said (as they called the initial victory.) What in this way will slowly turn into a" slow combustion "of all the BaBoiner and shitcoiner out of space. the opportunity for those who look a little deeper to get Bitcoin back 🙂 "

Recently, Calvin Ayre, the founder of the Ayre group and the main supporter of Bitcoin SV said that BSV is a superior technology that has returned in the form of the original Bitcoin. According to him, cryptocurrency has the potential to generate revenue for mining and hardware sales. He believes that BSV is the most scalable cryptocurrency among all the digital resources available today.

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Laira is a full-time writer at AMBCrypto. She is a degree in Computer Science and has about 1 year of writing experience. His enthusiasm and his keen interest in the development of his knowledge on blockchain and cryptocurrency have led her to become part of AMBCrypto. At the moment it has no value in cryptocurrency or in its projects.