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Bitcoin SV Skyrockets 51%, Leaving Bitcoin, Ethereum In The Dust, Shorts Get Liquidated

Published by
Benzinga

Bitcoin SV (CRYPTO: BSV) surged over 51% on Wednesday, surpassing Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), to secure a spot as one of the top performers on CoinMarketCap’s rankings today. What Happened: At the time of writing, BSV was trading at $80, with its trading volumes escalating over 877% in a single day, reaching $520 million. Data from CoinGlass shows the impact on short sellers, indicating that over $3 million worth of BSV short positions were liquidated in the last 24 hours. The rise of BSV coincides with a broader rally in the crypto market, headlined by Bitcoin’s hovering…

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