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Cryptocurrency News Articles
Bitcoin Cash BCH/USD and Bitcoin SV BSV/USD Outgain Bitcoin BTC/USD, Rallying 13% and 6.88% Respectively
Mar 06, 2025 at 11:36 am
Bitcoin Cash rallied over 13%, becoming the market’s second-largest gainer in the last 24 hours.
Lesser-known Bitcoin BTC/USD offshoots saw substantial gains on Wednesday, outperforming the apex cryptocurrency.
What Happened: Bitcoin Cash surged over 13%, emerging as the second-largest gainer in the market over the last 24 hours.
The coin’s trading volume more than doubled to $1.07 billion in 24 hours as strong buying pressure pushed it past the $400 mark for the first time in over a month.
Similarly, Bitcoin SV rose 6.88% to a market capitalization of $738 million, hitting its highest level in a week.
The returns from these cryptocurrencies outshone Bitcoin, which rose 4.75% in the last 24 hours.
Bitcoin Cash arose from a hard fork of the original Bitcoin blockchain in 2017 due to differences in vision among community members regarding proposed upgrades. A year later, Bitcoin Cash underwent its own fork, leading to the creation of Bitcoin SV.
The surge in the value of Bitcoin spinoffs indicated demand, seemingly from retail traders, for more affordable options compared to Bitcoin.
At the time of writing, the apex cryptocurrency stood at $91,608.96, making it a hefty investment for individuals to own a full unit.
Sentiment remained positive amid high hopes for a Bitcoin strategic reserve to be discussed at the upcoming crypto summit at the White House.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
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- What Is Backpack And How To Interact With Backpack Products
- Mar 06, 2025 at 06:05 pm
- The Backpack ecosystem consists of the Backpack wallet, Backpack exchange, and Mad Lads NFT collection. The company is also responsible for creating and developing executable non-fungible tokens (xNFTs), a token standard on Solana that lets users interact with applications directly from the wallet.
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- Bitcoin Price Surges Past $90,000 as Investors Respond to President Donald Trump's Decision to Delay 25% Tariffs on Canadian and Mexican Auto Imports
- Mar 06, 2025 at 05:10 pm
- The move, which grants a one-month exemption, eased concerns about economic disruption and weakened the U.S. dollar, fueling demand for risk assets like cryptocurrencies.
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