Bitcoin Cash Fork Sees New Gains
  • 2 years ago
Bitcoin SV is a hard fork of Bitcoin Cash, which is a fork of Bitcoin. On Tuesday, it was among the top gainers in the last 24 hours. Early on Tuesday, the coin jumped nearly 24% to more than $147. The token gained over 18% against Bitcoin and over 17% against Ethereum. However, the coin has lost more than 9% this year, dropping over 8% in the last 90 days. BSV got a boost on Monday after a verdict was reached in the Kleiman vs Wright case. Craig Wright claims that he invented Bitcoin and was embroiled in litigation with his former business partner’s estate. Wright lost the lawsuit, and he was ordered to pay $100 million to David Kleiman’s estate after the estate alleged that Wright cheated Kleiman out of credit for writing the Bitcoin white paper under the pseudonym Satoshi Nakamoto. As a result, BSV rose along with major tokens as the global market cap increased over 5%. While it was not among the most popular tokens on Twitter ($TWTR@US), Bitcoin SV was up over 35% at press time, surpassing $160.
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