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The Bitcoin Cash SV implementation by Craig S Wright, now known as Bitcoin SV, has increased by 102.65%, at the time of writing this article. The cryptocurrency market seems to have found relief from the declines as markets turned to bulls.
The lapse of a day shows a roller coaster ride induced by volatility for Bitcoin SV. BSV began trading at $ 100 on November 28 at 17:40 UTC. Prices went up and down the order of 1% until they dropped to $ 93. Prices were $ 97 at the end of the day.
Source: CoinMarketCap
Compared with the seven-day chart, prices began trading at $ 47.75 on November 22 and held steady at this price range with little volatility until November 25, when the price began to take off . BSV appeared to have peaked at $ 88 on November 25 at 23:23 UTC.
Prices continued to rise at this point and reached the peak of $ 125 on November 15th. BSV corrected the rise slightly as prices fell by 21%. The roller coaster dropped sharply and BSV finished at $ 81.16. BSV finally settled at $ 97.99.
The total percentage increase in SV over a seven-day period is a staggering 102.65%, but over a 24-hour period, prices are still engulfed by bearishness and are down 2.12%. BSV's market capitalization remains at $ 1.62 billion, while 24-hour trading volume is $ 179 million.
Crypto-community personalities speculate and attribute the crash of Bitcoin and other cryptocurrency to the difficult range of Bitcoin Cash in Bitcoin ABC and Bitcoin.
Bitcoin SV is in the air while Bitcoin Cash faces a difficult time to fight the bear. The 24-hour change in BCH shows a positive rise of 3.53%, while the longer seven-day delay shows the real successes recorded by BCH, which lost 15.44%.
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