The last month or so has been particularly interesting for cryptocurrency, with more movements registered than had been seen in almost a year. The upward climb recorded has gotten the speculation wheels turning in overdrive, with some people predicting a blowout is imminent. Of course, there are also those who assert that the increases are nothing more than a farce, with an impending bubble burst that will be louder than an F-16’s jets. Only time will tell which way the needle goes, but what we can say without a doubt is that, out of all of the jumps, Bitcoin SV (BSV), saw the biggest.
Bitcoin Core (BTC) is only tenth on the list of price improvements for May, according to data prepared by Messari.io. It registered an increase of 60% over 200 days. During the same period, BSV jumped a massive 231%. Depending on the source, the digital currency has been as high as $252 and still sits at $212.63 on CoinMarketCap. This, after hovering around $62 just about two weeks ago. Messari has it listed at $214.16.
Coincidentally, judging by the current information on Messari, BTC has dropped 2.96% in the past 24 hours. All of the top 15 coins are down at least 2%, with the exception of Ripple (XRP), which is down just 0.20%. That is, except for BSB, which continues to climb and is up 9.76%.
BSV is now number 8 among the top coins on both Messari and CoinMarketCap. Another crypto analytics firm, Longhash, indicates that the coin has jumped 247%. At its lowest point, BSV traded at $53.22 and at its highest, recorded last week, $250. This marks a 360% overall increase.