Bitcoin Fork Linked to Self-Proclaimed Satoshi Records Massive Price Spike
Alex Dovbnya Bitcoin SV (BSV), the cryptocurrency fork linked to the self-proclaimed Satoshi Nakamoto, Craig Wright, has recorded a massive price spike The top-performing cryptocurrencies The South Korean influence on BSV's surge Cover image via twitter.com The cryptocurrency market is currently experiencing a significant upswing, with several digital assets displaying notable increases in their 24-hour trading performance. This trend is headlined by Filecoin (FIL) and Bitcoin SV (BSV), a Bitcoin fork, yet extends to a range of other cryptocurrencies. The top-performing cryptocurrencies In the last 24 hours, FIL has witnessed a 12% increase, topping the list of the best-performing cryptocurrencies in the top 100. It is followed by BSV, which has experienced a 9.6% price increase over the last 24 hours. Other cryptocurrencies have also seen noteworthy upticks: Tokenize Xchange (TKX) is up by 8.4%, while WEMIX has grown by 7.3%. The Graph (GRT) is attracting attention with a 7.1% rise. Related Maker (MKR) and Fantom (FTM) are also part of this upward trend, each adding roughly 5%. Additionally, Tezos (XTZ) and Kava (KAVA) have recorded increases of 4.5% and 3.7%, respectively. The South Korean influence on BSV's surgeEchoing last week's trends, South Korean traders are once again behind the BSV rally. This repeated pattern of influence is mainly concentrated on Upbit, South Korea's largest cryptocurrency exchange. Bithumb, another major local exchange, is also in the top 3 by trading volume. Notably, these two exchanges account for nearly 70% of the cryptocurrency's total trading volume over the last 24 hours. Despite this spike, it's essential to note that Bitcoin SV is still down 78.51% from its all-time high. Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. About the author Alex Dovbnya Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at [email protected]. Related articles