Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Sophon reveals ZKTLS-based social oracle to integrate private web2 data

2025-05-22

Hashrate Hackers introduces Ordinals NFT collections supported by Bitcoin Hashrate

2025-05-22

Bitcoin knew $ 110k -but will this’ only -all ‘rally’ only without retailing?

2025-05-22
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Sophon reveals ZKTLS-based social oracle to integrate private web2 data

    2025-05-22

    Solana to get a big design prevention

    2025-05-22

    World3 Powers AI-driven Governance on-Chain with Quack AI

    2025-05-22

    Validation Cloud implements AI -Engine on Hedera

    2025-05-22

    Sony announces the Mavet launch of Soneium Blockchain

    2025-05-21
  • NFT

    Hashrate Hackers introduces Ordinals NFT collections supported by Bitcoin Hashrate

    2025-05-22

    FIFA starts Avalanche L1 to Power Soccer NFT Collectibles Platform

    2025-05-22

    Guild of Guardians leads with a huge volume of $ 796.62k

    2025-05-20

    Solana Meme Coin Ponke Set to release assembly objects, clothing via Jcorp Spinout

    2025-05-19

    The most popular collections of the moment on blockchain

    2025-05-18
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    Strategy tries to pick up $ 2.1 billion from the supply of STRF shares to strengthen its bitcoin holdings

    2025-05-22

    Solana (SOL) strives higher with strong copper support, next stop $ 200?

    2025-05-22

    Bitcoin price reaches new all time above $ 111,000

    2025-05-22

    Analyst predicts huge Bitcoin outburst based on one gold graph, sees the Altcoin market following

    2025-05-22

    Bitcoin price rays to New All Time Bulls takes the lead

    2025-05-22
  • Learn

    What Is a DEX (Decentralized Exchange)?

    2025-05-21

    Blockchain Explained: What It Is, How It Works and Why We Need It

    2025-05-21

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Analysis»Bitcoin SV (BSV) is up 8% on the last day as the top coins bleed
Analysis

Bitcoin SV (BSV) is up 8% on the last day as the top coins bleed

2023-10-03No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

BSV has broken a bearish trend amid the general recession in the crypto market and has posted notable gains in the past 24 hours. Bitcoin SV (BSV) posted an 8% price increase over 24 hours, while Bitcoin succumbed to bearish pressure and fell almost 3% today, October 3.

Following today’s rise, BSV is now trading at $40.4, which represents an increase of 8% in the last 24 hours. Moreover, the token has registered a rise of over 31% in seven days, regaining over 34% of the gains made over the past month.

These notable moves confirm the current dominance of buyers in the BSV market. However, how long can BSV sustain this rally given the bearish state of the overall crypto market? What factors caused this dramatic wave? Let’s find out.

Bitcoin SV Price Surges Amid Controversy Surrounding CEO Resignation

BSV price gains correlate with the suddenness dismissal from nChain CEO Christen Ager-Hanssen on September 29. nChain is a company that offers blockchain-based services related to the BSV chain. The former CEO, Ager-Hanssen, immediately announced his departure from the group on September 29.

Ager-Hassen mentioned that he reported several issues to nChain’s board, including a conspiracy to defraud shareholders. Him too declared that a major shareholder orchestrated the conspiracy.

He further claimed to have found evidence that BSV creator Dr. Craig Wright had manipulated documents to deceive the court that he was Satoshi.

However, Bitcoin SV’s supporter Calvin Ayre judgementthe departure of Anger-Hanssen. According to Ayre, Anger-Hanssen has never run a successful business and is lying to steal assets

See also  Crypto Expert Reveals Why Bitcoin Could Rise to $400,000

Notably, Bitcoin SV came to life after nChain released a statement that Stefan Matthews would be taking over as acting CEO.

BSVUSD
The price of Bitcoin SV is hovering at $40.48 on the daily chart. | Source: BSVUSD price chart from TradingView.com

Recent tweet from Bitcoin’s suspected founder increases investor sentiment on BSV

Another event that took place around BSV was on October 2, 2023. tweet from an account claiming to be Bitcoin founder Satoshi Nakamoto. Interestingly enough, the last tweet of this account was on October 31, 2018.

According to a recent tweet, Nakamoto declared that Bitcoin is a predicted machine. He revealed his desire to explore other aspects of the project not covered in the whitepaper.

The tweet provoked positive reactions, with an user stating that the first post since 2018 has to mean something. Because Bitcoin BSV is believed to align with the original Bitcoin vision, it benefited from this sentiment. The responses have likely boosted investor confidence, leading to massive demand for tokens and the current 8% increase.

Although the real identity of Satoshi Nakamoto and his involvement in this saga remain a mystery, these controversies had a positive impact on BSV’s price.

What next for BSV?

BSV turned the $32.6 resistance into support to form a large green candle on October 2. It is facing the next resistance at the $40.4 price level. A break above this level is likely to send BSV towards $42.

As the Relative Strength Index (RSI) indicator is in overbought territory at 81.9, it confirms the strong buying pressure pushing BSV higher. Nevertheless, traders can expect a slight retrace in the coming days as buyers start making profits.

Featured image from Pixabay and chart from TradingView.com

See also  Crypto analyst predicts a bullish wave will push the price towards $30



Source link

Bitcoin Bleed BSV Coins Day Top
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Hashrate Hackers introduces Ordinals NFT collections supported by Bitcoin Hashrate

2025-05-22

Bitcoin knew $ 110k -but will this’ only -all ‘rally’ only without retailing?

2025-05-22

Strategy tries to pick up $ 2.1 billion from the supply of STRF shares to strengthen its bitcoin holdings

2025-05-22

Crypto Analyst places Bitcoin price at $ 120,000 if this range breakdown happens

2025-05-22
Add A Comment

Comments are closed.

Top Posts

SEC extends comment period on Grayscale spot Ethereum ETF until 2024

2023-12-06

Time to sell XRP? Whales transfer 70 million tokens to exchange

2025-02-01

Eafintech works together with Crossfi to stimulate transparent, scalable financial innovation

2025-01-31
Editors Picks

Ethereum’s Aave V3 hits another milestone in less than six months

2023-07-22

XRP Price Targets $1.60 Breakout: Is the Bull Run Back?

2024-11-29

Rare NFT and Rare Paintings Are Not the Same. Here’s Why

2022-10-15

Important obstacles that block its path?

2025-01-27
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Sophon reveals ZKTLS-based social oracle to integrate private web2 data

Hashrate Hackers introduces Ordinals NFT collections supported by Bitcoin Hashrate

Bitcoin knew $ 110k -but will this’ only -all ‘rally’ only without retailing?

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$111,785.184.39%
  • ethereumEthereum(ETH)$2,657.697.53%
  • tetherTether USDt(USDT)$1.000.00%
  • rippleXRP(XRP)$2.432.80%
  • binancecoinBNB(BNB)$680.871.70%
  • solanaSolana(SOL)$179.206.72%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.2413666.54%
  • cardanoCardano(ADA)$0.807.00%
  • tronTRON(TRX)$0.2771093.99%
  • suiSui(SUI)$3.880.43%
  • hyperliquidHyperliquid(HYPE)$33.8523.27%
  • chainlinkChainlink(LINK)$16.766.90%
  • avalanche-2Avalanche(AVAX)$25.2611.90%
  • stellarStellar(XLM)$0.3041605.52%
  • shiba-inuShiba Inu(SHIB)$0.0000155.53%
  • bitcoin-cashBitcoin Cash(BCH)$437.919.54%
  • hedera-hashgraphHedera(HBAR)$0.2056265.54%
  • unus-sed-leoUNUS SED LEO(LEO)$8.870.36%
  • the-open-networkToncoin(TON)$3.163.52%
  • polkadotPolkadot(DOT)$4.955.57%
  • litecoinLitecoin(LTC)$100.315.51%
  • moneroMonero(XMR)$397.533.70%
  • bitget-tokenBitget Token(BGB)$5.231.10%
  • pepePepe(PEPE)$0.0000149.40%
  • piPi(PI)$0.82-0.22%
  • daiDai(DAI)$1.000.01%
  • ethena-usdeEthena USDe(USDE)$1.00-0.04%
  • bittensorBittensor(TAO)$472.429.89%
  • uniswapUniswap(UNI)$6.426.19%
  • aaveAave(AAVE)$256.695.10%
  • nearNEAR Protocol(NEAR)$3.0910.87%
  • aptosAptos(APT)$5.7210.93%
  • ondo-financeOndo(ONDO)$1.026.93%
  • okbOKB(OKB)$52.861.58%
  • official-trumpOFFICIAL TRUMP(TRUMP)$15.4410.29%
  • kaspaKaspa(KAS)$0.1169115.51%
  • internet-computerInternet Computer(ICP)$5.657.97%
  • ethereum-classicEthereum Classic(ETC)$19.776.41%
  • render-tokenRender(RENDER)$5.2011.25%
  • crypto-com-chainCronos(CRO)$0.1005704.54%
  • gatechain-tokenGateToken(GT)$21.710.18%
  • vechainVeChain(VET)$0.0306378.36%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2497936.09%
  • mantleMantle(MNT)$0.763.52%
  • worldcoin-wldWorldcoin(WLD)$1.6442.18%
  • ethenaEthena(ENA)$0.4164097.57%
  • artificial-superintelligence-allianceArtificial Superintelligence Alliance(FET)$0.9013.74%
  • usd1World Liberty Financial USD(USD1)$1.00-0.02%
  • arbitrumArbitrum(ARB)$0.4293647.88%
  • bitcoinBitcoin(BTC)$111,785.184.39%
  • ethereumEthereum(ETH)$2,657.697.53%
  • tetherTether USDt(USDT)$1.000.00%
  • rippleXRP(XRP)$2.432.80%
  • binancecoinBNB(BNB)$680.871.70%
  • solanaSolana(SOL)$179.206.72%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.2413666.54%
  • cardanoCardano(ADA)$0.807.00%
  • tronTRON(TRX)$0.2771093.99%
  • suiSui(SUI)$3.880.43%
  • hyperliquidHyperliquid(HYPE)$33.8523.27%
  • chainlinkChainlink(LINK)$16.766.90%
  • avalanche-2Avalanche(AVAX)$25.2611.90%
  • stellarStellar(XLM)$0.3041605.52%
  • shiba-inuShiba Inu(SHIB)$0.0000155.53%
  • bitcoin-cashBitcoin Cash(BCH)$437.919.54%
  • hedera-hashgraphHedera(HBAR)$0.2056265.54%
  • unus-sed-leoUNUS SED LEO(LEO)$8.870.36%
  • the-open-networkToncoin(TON)$3.163.52%
  • polkadotPolkadot(DOT)$4.955.57%
  • litecoinLitecoin(LTC)$100.315.51%
  • moneroMonero(XMR)$397.533.70%
  • bitget-tokenBitget Token(BGB)$5.231.10%
  • pepePepe(PEPE)$0.0000149.40%
  • piPi(PI)$0.82-0.22%
  • daiDai(DAI)$1.000.01%
  • ethena-usdeEthena USDe(USDE)$1.00-0.04%
  • bittensorBittensor(TAO)$472.429.89%
  • uniswapUniswap(UNI)$6.426.19%
  • aaveAave(AAVE)$256.695.10%
  • nearNEAR Protocol(NEAR)$3.0910.87%
  • aptosAptos(APT)$5.7210.93%
  • ondo-financeOndo(ONDO)$1.026.93%
  • okbOKB(OKB)$52.861.58%
  • official-trumpOFFICIAL TRUMP(TRUMP)$15.4410.29%
  • kaspaKaspa(KAS)$0.1169115.51%
  • internet-computerInternet Computer(ICP)$5.657.97%
  • ethereum-classicEthereum Classic(ETC)$19.776.41%
  • render-tokenRender(RENDER)$5.2011.25%
  • crypto-com-chainCronos(CRO)$0.1005704.54%
  • gatechain-tokenGateToken(GT)$21.710.18%
  • vechainVeChain(VET)$0.0306378.36%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2497936.09%
  • mantleMantle(MNT)$0.763.52%
  • worldcoin-wldWorldcoin(WLD)$1.6442.18%
  • ethenaEthena(ENA)$0.4164097.57%
  • artificial-superintelligence-allianceArtificial Superintelligence Alliance(FET)$0.9013.74%
  • usd1World Liberty Financial USD(USD1)$1.00-0.02%
  • arbitrumArbitrum(ARB)$0.4293647.88%