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<p>The post <a rel="nofollow" href="https://coinpedia.org/news/bitcoin-sv-bsv-skyrockets-to-new-heights-a-64-surge-in-just-30-days/">Bitcoin SV (BSV) Breaks Out of Slump, Soars 64% in Just 30 Days</a> appeared first on <a rel="nofollow" href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>Bitcoin SV (BSV) has caught the crypto world’s eye with a remarkable 64% gain in the past month, thanks to its inclusion on Binance, one of the world’s top cryptocurrency exchanges.</p> 
<p>This substantial increase came after BSV’s split from Bitcoin Cash (BCH) in late 2018, pushing its current trading price to $52.04, up significantly from just $34.08 a week ago.</p> 
<h2 class="wp-block-heading" id="h-bsv-s-impact"><strong>BSV</strong>‘s<strong> </strong>Impact</h2> 
<p>BSV, a significant Bitcoin (BTC) fork and a proof-of-work (PoW) cryptocurrency in 2023, is making waves in October 2023, reaching a peak value of over $58 on major spot markets.</p> 
<p>The key driver behind this surge is BSV’s listing on Binance, a major crypto exchange. BSV hasn’t seen such heights since mid-September 2022, and it’s not just a one-day wonder. BSV has been on a winning streak, climbing over 90% since its boost on September 27th.</p> 
<p>It’s important to remember that BSV hit an all-time high of $491.64 during the last crypto craze but then took a hit, losing over 95% of its value. Now, it’s finding its stride again, especially after rumors of a Bitcoin ETF adoption.</p> 
<p>In addition, Bitrue, a well-received exchange in the XRP and Ripple communities, listed BSV in a USDT pair and launched a $1,000 welcome bonus campaign.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f525.png" alt="🔥" class="wp-smiley" style="height: 1em; max-height: 1em;"> New listing <a href="https://twitter.com/search?q=%24BSV&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BSV</a> is coming to <a href="https://twitter.com/hashtag/Bitrue?src=hash&amp;ref_src=twsrc%5Etfw">#Bitrue</a> spot trading.<br><br><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f539.png" alt="🔹" class="wp-smiley" style="height: 1em; max-height: 1em;"> Deposit opened<br><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f539.png" alt="🔹" class="wp-smiley" style="height: 1em; max-height: 1em;"> BSV/USDT pair<br><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f539.png" alt="🔹" class="wp-smiley" style="height: 1em; max-height: 1em;"> Trading starts at 12:00 UTC, 19 October<br><br><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f381.png" alt="🎁" class="wp-smiley" style="height: 1em; max-height: 1em;"> New users can claim a welcome bonus of 1000 <a href="https://twitter.com/search?q=%24USDT&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$USDT</a><br><br>Details: <a href="https://t.co/o8eBXZrl9E">https://t.co/o8eBXZrl9E</a> <a href="https://t.co/2O7qmZehVX">pic.twitter.com/2O7qmZehVX</a></p>— Bitrue (@BitrueOfficial) <a href="https://twitter.com/BitrueOfficial/status/1714902993831915832?ref_src=twsrc%5Etfw">October 19, 2023</a>
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<h2 class="wp-block-heading" id="sec-steps-in-the-picture">SEC Steps In the Picture </h2> 
<p>The recent rise in Bitcoin SV’s (BSV) value has some experts linking it to the potential approval of a spot Bitcoin ETF by the U.S. SEC.</p> 
<p>This surge happens amidst ongoing disputes within the BSV community, most notably the resignation of <a href="https://twitter.com/agerhanssen">Christen Ager-Hanssen</a>, a prominent BSV supporter, from his role as CEO of nChain due to disagreements with BSV leader Craig Wright.</p> 
<p>This surge sets the stage for possible new investors and a challenge against the formidable barrier at $61.99. Bitcoin SV’s journey remains captivating as it navigates the cryptocurrency market’s ups and downs.</p>

Bitcoin SV (BSV) Breaks Out of Slump, Soars 64% in Just 30 Days

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