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Binance Exchange Finally Delists Bitcoin SV [BSV]; BSV Falls by 8% Instantly

Binance has finally decided to delist Bitcoin Cash SV [BCHSV] or popularly known as Bitcoin SV [BSV] as it failed to “meet the high level of standard” of Binance.

Bitcoin Cash SV [BCHSV] will be delisted from Binance on 2019/04/22 at 10:00 AM UTC. However, the withdrawal of the cryptocurrency from the wallets will be enabled three months from April until 2019/07/22 at 10:00 AM UTC.

Price of Bitcoin SV Falls Instantly

The price of Bitcoin SV fell by 8% instantly as the world’s largest exchange decided to delist the cryptocurrency. A gap has been noticed in the 4-hour chart followed by a bearish breakout. It suggests that more downside can be expected in BSV if the bearish pressure catches on.

BSV binance delist
BSV/USD Chart on Bittrex

The price of Bitcoin SV [BSV] at 15: 00 Hours on 15th April 2019 is $64.23. It is trading 8.79% lower on a daily scale.

However, this doesn’t come as a surprise move because Binance CEO, Changpang Zhao, popularly known as CZ had issued a warning on Twitter on 12th…

Read Full Story : Coingape

2019-04-15 15:20:00

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