Cryptocurrency Bitcoin SV Rises More Than 48% In 24 hours
Portfolio Pulse from Benzinga Insights
Bitcoin SV (CRYPTO: BSV) has seen a significant increase of 48.17% in the last 24 hours, reaching a price of $92.98. Over the past week, BSV has gained 86.0%, rising from $49.09. Despite the recent surge, it is still well below its all-time high of $489.75. The trading volume for Bitcoin SV has increased by 554.0% over the past week, and the circulating supply has grown by 2.92% to 19.59 million coins, which is 93.29% of the maximum supply. Bitcoin SV's market cap is currently ranked #46 at $1.91 billion.
December 28, 2023 | 3:01 pm
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Bitcoin SV (BSV) has experienced a substantial 48.17% increase in price over the last 24 hours, reaching $92.98, and an 86% increase over the past week. The trading volume has surged by 554%, indicating heightened investor interest.
The significant price increase and surge in trading volume for Bitcoin SV (BSV) suggest a strong bullish sentiment in the short term. The increase in circulating supply may have a dilutive effect, but the current momentum and investor interest are likely to support the price in the short term. However, the volatility indicated by the Bollinger Bands suggests that investors should be cautious as the price could be subject to rapid changes.
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