BSV outstrips BNB market capitalization of canceled BSV deals
Bitcoin SV (BSV) is trading at $377 per coin market cap at 10:17 a.m. The figure marks a nearly 200 percent jump from the previous day. Its market capitalization ranking rose to fourth place in a single breath. The figure exceeds the market value of BNB, the cryptocurrency exchange’s cryptocurrency currency that canceled support for BSV transactions.
The BSV’s rise began on Wednesday. The BSV, which was traded at 115 dollars at the time at 9th place in market capitalization, surged at 1 a.m. on Wednesday and broke the 150-dollar mark before breaking through the $200 mark at 3 a.m. on Friday. However, the price soared to the $435 level after crossing the $300 level at 1:00 a.m. on Tuesday, and is now hiding in the $370.
Analysts say Craig Wright, who claims to be the BSV chief and Bitcoin founder Satoshi, influenced the rise. Kodaysk, a media company specializing in cryptocurrency, reported on July 15 that Craig Wright, the founder of the self-proclaimed bitcoin, is believed to have obtained the last key to the “tulip trust” needed to secure 1.1 million bitcoin (worth $9.6 billion). The deadline for the document on bitcoin for crate light is 19 days in advance.
It is also mentioned that Calvin Erie, a supporter of BSV, said Wednesday that there will be big news on BSV. Calvin Iri did not announce the news in the end, but analysts say it prompted investors.
Along with BSV, other cryptocurrency currencies are also recording gains. Bitcoin (BTC) is trading at 8,740 dollars, up about 6 percent from the previous day, while Etherium (ETH) is trading at 167 dollars, up nearly 12 percent.