Bitcoin SV (BSV-USD) Cryptocurrency is currently on bearish momentum by 37.63% in the last 24 hours. At 16:42 EST on Wednesday, 19 May, Bitcoin SV (BSV-USD) is at $180.99.
Bitcoin SV (BSV-USD) Range
Concerning Bitcoin SV’s daily highs and lows, it’s 4.87% up from its trailing 24 hours low of $172.59 and 38.58% down from its trailing 24 hours high of $294.68.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Bitcoin SV’s crypto is considered to be overbought (>=80).
News about Bitcoin
Novogratz says Bitcoin risks remaining under pressure for weeks. According to Bloomberg Quint on Monday, 17 May, “The U.S. Securities and Exchange Commission could approval of a Bitcoin exchange-traded fund at the end of this year or early next year, he said.”, “While Bitcoin continues its gyrations, New York-based Galaxy — which hopes to list on a U.S. exchange in the second half of the year — reported strong first-quarter results Monday. “
Bitcoin plunges below $33,000 and a key level, chart shows. According to Bloomberg Quint on Wednesday, 19 May, “The rout for the largest cryptocurrency continued on Wednesday, with Bitcoin erasing all of its gains since Tesla Inc.’s Feb. 8 announcement that it would use corporate cash to buy the asset and accept it as a form of payment for its vehicles — only for founder Elon Musk to reverse course. “
Bitcoin rally was so huge it was worth the risk-adjusted twists. According to Bloomberg Quint on Wednesday, 19 May, “Consider its trajectory since the end of last September, when Bitcoin embarked on a meteoric rise. “, “As scary as the sudden wipeout is, the gains have been so enormous that — even adjusted for risk — Bitcoin has done way better than other major assets.”
The big difference between Bitcoin and myspace. According to Bloomberg Quint on Monday, 17 May, “And now my co-host Tracy Alloway has written about how Bitcoin could be the next AOL or MySpace. “, “Maybe a better Bitcoin could do more stuff, like make it easier to write smart contracts or launch side tokens that ride upon the core blockchain’s security.”
Elon Musk just reopened an old wound in the Bitcoin world. According to Bloomberg Quint on Sunday, 16 May, “One group -the small blockers -argued that Bitcoin must be a decentralized store of value, even if that meant high fees and slow transaction times. “, “From 2015 through 2017, the Bitcoin world was almost torn into two bycompeting visions for the currency.”
More news about Bitcoin SV (BSV-USD).