Bitcoin SV (BSV), which was released in 2017 as a result of the Bitcoin (BTC) hard fork, experienced significant increases in a short time due to the influence of the South Korean market.
Bitcoin SV has been on the agenda with its rise in the last 24 hours. Result of Bitcoin forking in 2017 The rise of the project launched on South Korea’s largest cryptocurrency exchange upbit took over.
According to CoinGecko data, in the last 24 hours BSV increased by 82%, 50 Dollars from level for $91.9 reached. BSV’s 24-hour trading volume More than 67% on Upbit gathered.
From May 2022 since $30 to $65 The project consolidated between the cryptocurrency market up to rank 60 had regressed. In fact, the largest cryptocurrency exchange in the USA recently made a statement. coinbase, On January 9, 2024 He had declared that he would stop supporting BSV. Same way on Binance BSV delist It was among the major stock exchanges.
South Korean influenceIn the past period, it triggered the rise of many altcoins and caused projects that had not been active for a long time to make high profits in a short time.