Bitcoin SV shows higher increase than BTC

Bit Team
2 min readJul 9, 2020

A few positive news on Bitcoin SV have possibly contributed to its recent price growth that has outperformed BTC and ETH in percentage terms

Bitcoin SV regains its positions

In fact, after the financial market’s collapse in March, BSV price indicator has fallen by $108 that is 75%-reduce.

But since that time the price was demonstrating significant increase growing to over $190 after getting to $154 on June, 6th, and then slightly declined to $184.

It is also worth noting that the asset closed 2019 below $100 while its historic maximum — $436 was reached on January, 15th, 2020.

As a matter of fact, BSV was born in November, 2018 in result of Bitcoin Cash fork (BCH) and at that time it was worth about $67.

The recent growth is not possibly related to the total crypto market increase as in percentage, for instance, it exceeded BTC or ETH price value.

Over the recent two days BTC has gained slightly more than 2%, ETH — 4% while BSV price has increased by almost 20% which is a better result than BCH showed — about 6%.

It is also notable that Bitcoin SV seems to be good for both Spanish and South-American markets where the asset attracts the attention of users, developers and companies.