Cryptocurrency
BSV Surges Despite Craig Wright's Satoshi Claim Disavowal
Thursday. July 18 at 9:00 AM
1 min. readBitcoin Satoshi Vision (BSV) has reached a multi-week high of $46, even as its founder, Craig Wright, admitted he is not Satoshi Nakamoto. BSV's value surged by nearly 20% in the past week, trading at $45.16. Despite trading well below its peak, BSV continues to attract retail interest, especially from South Korean traders. Wright's legal troubles, including a UK court ruling against him, have not hindered BSV's recent gains. The crypto community has welcomed the court's decision, marking the end of Wright's false claims. Bitcoin SV is currently ranked #77 by market cap, with a market capitalization of $887.79 million and a 24-hour trading volume of $41.38 million. The total crypto market cap stands at $2.35 trillion, with Bitcoin dominance at 53.90%. The derivatives market has seen increased interest, and SEC's Hester Peirce hints at potential changes for crypto ETFs. Erik Voorhees warns about the alarming national debt trajectory. Disclaimer: The opinions expressed are those of the writers and not CryptoSlate's. Readers are advised to conduct their own research before engaging in cryptocurrency activities.