Despite seeing a notable increase of 15.2% in value yesterday, the current price of Bitcoin SV remains steady at a little over $39 compared to the previous day. The current market situation involves a struggle with the immediate dynamic resistance level, leading to a state of uneasiness among traders. Bitcoin SV, a Bitcoin fork, is now the most profitable cryptocurrency out of the top 100 by market capitalization. Related Reading: Polkadot Road To Recovery – Will $4 Mark The Turning Point? The value of the world’s cryptocurrency market increased to $1.09 trillion at the time of writing, a 1.4% gain in a day. On Tuesday, ETH increased by about 0.1% to $1,585, while BTC was up 2.6% at $28,466.60. SEC Influence On Crypto Rally And BSV Price Spike The recent rally in cryptocurrency prices was primarily driven by optimism about the Securities and Exchange Commission (SEC) potentially approving a Bitcoin ETF. This sentiment was strengthened when the SEC chose not to appeal the Grayscale lawsuit. However, there was a spike in BSV prices due to a false report from CoinTelegraph claiming that the SEC was anti ..
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