Ethereum
$ 1,052.83 1.33%
Solana
$ 32.98 0.47%
Dogecoin
$ 0.067169 1.79%
ApeCoin
$ 4.49 0.00%
Bitcoin
$ 19,255.35 1.47%
BNB
$ 216.23 1.01%

Bitcoin Satoshi Vision (BSV) price analysis 22 May; BSV price 200pc on rise

bsv price analysis up by 200 percent

Bitcoin Satoshi Vision (BSV) has doubled in its value and is reported by analyzing the 24-hour price trend the increase from approximately sixty-one dollars ($61.90) to above one hundred dollars ($110.08).

The crypto-market is surging and almost all the tokens have doubled in their values. The clash between Craig S.Wright and Roger Ver, which was previously the cause of the market crash in November 2018, has made people sceptical about the Bitcoin SV (BSV).

The recent spike in the prices is believed to be a direct result of US copyright office granting Craig S. Wright the copyright for original Bitcoin whitepaper released in 2008-9.

Despite this controversy, the market value of BSV is increasing and is showing positive momentum on the price chart. The recent analysis shows that Bitcoin has jumped from five thousand dollars ($5,000) to eight thousand dollars ($8,000).

Bitcoin Satoshi Vision (BSV) price analysis 22 May; BSV price 200pc on rise 1Bitcoin Satoshi Vision BSV price chart by Trading View

It is speculated that this value will increase more as all the indicators are showing positive trends. BSV was ranked 9th on the list of valuable currency at the start of the year and trading above ninety dollars ($90.38).

Now, it has dropped a bit and secured 11th position on the list and is currently trading slightly above one hundred and ten dollars ($110.08).

The past three month’s analysis of the price of BSV has revealed the lowest value to be fifty dollars ($50.29) and the highest value to be above one hundred and thirty-nine dollars ($139.31).

The speculation regarding the coin is that if it holds the current surge in price well the price will increase more and the delisting of the coin by some exchanges will not affect its market value.

However, nothing can be said for sure as the crypto-world is volatile and anytime fluctuations can happen.

Johnson Go

Johnson Go

Blockchain enthusiast, project management specialist, writer and crypto investor. JG deals mostly with problems and solutions of crypto projects and provides market outlook for investments. He contributes his analytical skills to projects.

Related News

Hot Stories

Uniswap price analysis:  UNI/USD in strong bearish grip as price slides down to $4.87
Aave price analysis: AAVE gains positive momentum towards $56.3
Ethereum price analysis: ETH fails to retrace, consolidates around $1,050
Avalanche price analysis: AVAX /USD is under a bearish spell, as the price depreciated to the $16.10 level
Chainlink price analysis: LINK finds support at $6.00

Follow Us

Industry News

Three Arrows files for Chapter 15 bankruptcy in New York
KuCoin boss denies halting withdrawals
Crypto plunges to its worst in 11 years
CoinFlex CEO announces a shift in withdrawal date
Three Arrows could be liquidated due to the crypto market's bearish streak