Bitcoin Cash

Satoshi

Bitcoin SV

Bitcoin

Read

Bitcoin SV continues its rally, crossing the $100 threshold for the first time since February 2022.&nbsp; 
This significant uptick in price, representing an increase of over 102% within a week, is largely attributed to growing interest and trading activities in the South Korean market. The Korean cryptocurrency exchange <a href="https://www.coingecko.com/en/coins/bitcoin-sv#markets" target="_blank" rel="noopener">Upbit</a> has been a focal point of this heightened activity around <a href="https://crypto.news/price/bitcoin-sv/">BSV</a>. Today, Upbit recorded a substantial $275 million in BSV trading volume.&nbsp; 
The price jump follows an even more impressive trading day on Boxing Day last week, where the exchange saw over $500 million in Bitcoin SV transactions. The trend is not limited to Upbit, as OKX has also experienced a significant rise in the token’s trading, with today’s volume exceeding $47.5 million. BSV’s trading volume has increased by over 300% in the last 24 hours.&nbsp; 
 You might also like: <a href="https://crypto.news/global-crypto-atm-network-shrunk-more-than-5700-in-2023/"> Global crypto ATM network shrunk more than 5,700 in 2023 </a> 
<figure class="wp-block-image size-large">
 <img loading="lazy" decoding="async" width="1024" height="439" src="https://crypto.news/app/uploads/2024/01/1-1024x439.png" alt="Bitcoin SV" class="wp-image-14233292">
 <figcaption class="wp-element-caption">
 BSV daily and monthly price chart | Source: <a href="https://coinmarketcap.com/currencies/bitcoin-sv/" target="_blank" rel="noopener">CoinMarketCap</a>
 </figcaption>
</figure> 
Bitcoin SV, short for Bitcoin Satoshi Vision, is a cryptocurrency that emerged from a hard fork of Bitcoin Cash in November 2018. It aims to stay true to the original vision of Bitcoin as outlined by its pseudonymous creator, Satoshi Nakamoto. 
Advocates of Bitcoin SV emphasize its scalability, stability, and security, aiming to make it an enterprise-level blockchain and peer-to-peer cash system. Bitcoin’s recent rally and the prospects of spot ETF approval by the SEC drive interest in BSV. 
 Read more: <a href="https://crypto.news/560m-worth-of-crypto-tokens-to-unlock-this-month/"> $560m worth of crypto tokens to unlock this month </a>

Bitcoin SV surges 102% in a week, reaching a near 2 year high

crypto.news

Other articles published on Jan 1, 2024

XRP’s Dominance Declines Amid Consolidation At $0.6! Here’s The Next Level For XRP Price

Crypto Experts Predict a Bright Future for Ethereum and Cryptocurrencies

Buy Bitcoin With Easy Steps And Find Out If It’s Worth Investing

Crypto taxes: major milestones of 2023 and forecast for 2024

SEI Price Surges by 65%: How High Will the SEI Price Go in 2024?

Will the SEC Approve Bitcoin Spot ETFs Today? Cryptocurrency Journalist Explained

Join our free newsletter for daily crypto updates!