Bitcoin SV Soars To New Highs, Crossing The $200 Mark

In the altcoin news today, we can see many gains and many greens from the top performing altcoins. As Bitcoin rises, Bitcoin SV soars too with a 7% increase which recently brought it to the long-awaited $200 mark.

For those of you who don’t know, Bitcoin SV (BSV) was created in one of the most contentious hard forks in crypto to date. Launched on November 15 2018, the SV in Bitcoin SV stands for “Satoshi Vision” which represents the core question at the heart of the most recent Bitcoin Cash fork but also the 2017 Bitcoin fork which created the altcoin in the first place.

As Bitcoin SV soars, it continues to add up to the 20% rise from last month, the coming altcoin news show. The value of this cryptocurrency has been flooded by gains – and its revolutionary use of blockchain is more and more popular in the latest cryptocurrency news.

Whether by casualty or coincidence, the value of Bitcoin SV soars this morning too. From the weekly low of around $183, the cryptocurrency is now at $200. Even though it managed to jump to $221 at the end of June, it corrected which is why $200 was a major psychological level for it over the past few days.

Many say that the mention by Joe Rogan on his podcast site was the main reason for the built-up momentum. However, the truth is that Bitcoin SV soars as one of the most promising altcoins and days after it dipped in the altcoin bloodshed that followed Bitcoin’s fall to the $9,000 levels.

Now, readers should definitely familiarize themselves with more of the messy history of Bitcoin SV as well as its founder and main cheerleader, Craig Wright.

As a reminder, it is worth to mention that Bitcoin SV soars but it also soared in May, becoming the top performer and outshining the largest cryptocurrency by market cap, Bitcoin (BTC). In May this year, the altcoin rose to $125 which was its highest value in nearly 10 months. Now, it is almost at double of that value and it keeps rising.

We can see that while the best cryptocurrency news sites feature Bitcoin SV (BSV) in their daily altcoin recap, it is still the main cryptocurrency Bitcoin (BTC) which is driving the recent growth.