BSV coin historical price

Bitcoin SV (BSV) forked from Bitcoin Cash in 2018 and its historical price has shown volatility, floating between $40 and $400. BSV price is affected by factors such as Bitcoin price, fundamental factors, regulatory environment and market sentiment.

Historical Price of BSV Coin

Bitcoin SV (BSV) was forked from Bitcoin Cash (BCH) cryptocurrency, launched in November 2018. Reviewing its historical prices can help us understand its market performance and volatility.

2018-2019

• BSV debuted in November 2018 at a price of around $50.
• The price fluctuated wildly over the next few months, with highs reaching over $200 and lows falling below $40.
• During the cryptocurrency bull run in early 2019, BSV price surged to over $400.

2019-2020

• In the second half of 2019, the BSV price began to decline and fell below $100.
• The COVID-19 pandemic in early 2020 further depressed prices, dropping to around $40.

2020-2021

• In the second half of 2020, the cryptocurrency market picked up and the BSV price rose again.
• BSV reached all-time highs above $400 in early 2021 as Bitcoin and other cryptocurrencies soared.
• However, during the cryptocurrency market crash in May 2021, BSV price dropped significantly.

2021-Present

• Since then, the price of BSV has experienced further volatility, trading between $100 and $200.
• In 2022, the BSV price has been affected by the overall downturn in the cryptocurrency market and is still hovering around $100.

Factors affecting the price of BSV

The price of BSV is affected by many factors, including:

• bits Price Trends of Bitcoin and Other Cryptocurrencies: BSV tends to follow the up and down trends of Bitcoin and other major cryptocurrencies.
• Fundamentals: Fundamental factors such as the development, adoption and partnerships of the BSV team can influence its price.
• Regulatory Environment: Regulatory uncertainty or government action may impact the price of cryptocurrencies, including BSV.
• Market Sentiment: The overall sentiment of traders and investors can drive short-term fluctuations in BSV price.

Bitcoin SV Latest Updates

As of writing, the latest price of Bitcoin SV (BSV) is $49.09, with a 24-hour trading volume of 5454 million dollars.

Latest Changes

In the past 24 hours, BSV has gained 7.08%.

Factors affecting price changes

The price increase may be due to the following factors:

• Optimism on the future of the BSV blockchain Opinion
• Technical Indicators Point to Bullish Momentum

Future Price Trend Analysis

In the short term, BSV may continue to rise. Technical analysis suggests that an uptrend is currently underway. However, due to the volatility of the cryptocurrency market, investors are advised to exercise caution.

Recommendation

Investors should carefully evaluate their investment objectives and risk tolerance before deciding whether to invest in BSV.

Short-term trend forecast

BSV is expected to rise in the short term, but the specific price may be different.

Indicators

• Price: $49.09
• Trading volume: $54.54 million
• Trading market capitalization: $970.5 million
• Circulation: 19,770,175
• Maximum Supply: Not Available
• Total Supply: 19,770,175

The above is the detailed content of BSV coin historical price. For more information, please follow other related articles on the PHP Chinese website!