Bitcoin SV (BSV), the fork of Bitcoin Cash (BCH), has spiked more than 50% after an unexpected surge in its trading volume on the South Korean crypto exchange Upbit.
The BSV price has increased over 40% in the past 24 hours, with it surging from $59 to $91 while its trading volume recorded a whopping gain of 420%, according to market data from Coinmarketcap.
While the leading crypto exchange Coinbase announced delisting BSV in early November, the recent pump is primarily supported by the South Korean exchange Upbit, which has recorded nearly 80% of its total trading volume of $769 million in the past 24 hours.
Bitcoin SV is a fork of Bitcoin Cash (BCH) – which was also a fork of Bitcoin – and it is also supported by Craig Wright, who claims to be Satoshi Nakamoto. BSV is currently the 52nd largest cryptocurrency by market cap.
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