By looking at the current scenario, It is crystal clear that Bitcoin SV has caught itself into a downwards spiral. At present, Bitcoin Cash (BCH), a cryptocurrency that BSV forked off of is leading the crypto market today as it surged up 4.65%. While the whole market is bleeding red, Bitcoin cash stood blooming green in the 4th position.
At the time of writing, Bitcoin Cash is currently up over 4% trading at $314.00 USD or 0.06174636 BTC. The coin is holding the market cap value of $5,567,607,723 USD with circulating supply of 17,731,100 BCH.
The host of CNBC’s Crypto Trader show,Ran NeuNer, said , BCH’s price surging, deeming it the “biggest winner” of the whole BSV imbroglio.
On a closure view on technical analysis, Bitcoin cash price increased higher recently and settled above the $300 support area…