The price of Bitcoin SV doubles thanks to exchanges on Upbit


© Reuters.

SEOUL – Bitcoin SV (BSV) has seen a dramatic increase in value, with its price more than doubling due to an increase in trading activity on South Korean exchange Upbit. The value of the cryptocurrency rose from $50.51 to $109.41, before stabilizing at around $105.42.

Anticipation of the decision of the United States Securities and Exchange Commission (SEC) regarding a spot bitcoin ETF reinforces the speculative atmosphere.

Along the same lines, the Rebel Satoshi digital token ($RBLZ) has also seen remarkable growth. During its public presale phase, the token doubled in value from $0.010 to $0.025, allowing it to amass $1.3 million in funding. The token’s burgeoning ecosystem, which includes a Play-to-Earn (P2E) game and an NFT marketplace, has been a key factor in its growth.

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