![](https://cdn.steemitimages.com/DQmXGSrE5HDwcXpYVN3sXPxMPdg7C1DivMxGmX8ZAN7oKrr/image.png) Bitcoin SV has had a good day to say the least. At the time of this writing it's price has jumped up 14% making it the second highest increase on CoinMarketCap's Top 100 list for the day only behind a relatively unknown crypto, Kick Token. Oftentimes when we see big price increases from one of the top cryptos, it has to do with some sort of news coming out that makes buyers more interested in buying it. According to CoinGeek, "Australian exchanges have not been favourable towards Bitcoin SV (BSV) and have resorted in taking political stances whilst running their exchange business. This includes refusing to list BSV as a trading option, illegally withholding access to users claiming their rightfully owned BSV coins or keeping BSV listed with misleading ticker symbols (like BCHSV). It appears the Australian exchanges are finally starting to understand their own business interests needed for survival long-term and have started to get their act together. Independent Reserve, one of the major Australian exchanges now allows its 120,000 users to easily purchase BSV directly with AUD after their decision yesterday to finally list BSV on their exchange." So it seems as if Australian exchanges are starting to support Bitcoin SV meaning that a lot of new people are interested in buying it whereas they weren't able to before. Cryptos have done well lately, but we'll see if this upward trend continues or if it'll correct itself in the next day or two. If you want to read the full article here, you can: https://coingeek.com/australian-exchanges-change-their-tune-on-bitcoin-sv/
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author | fearlessgu |
permlink | bitcoin-sv-s-price-has-jumped-up-14-in-the-last-24-hours-here-s-why |
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permlink | re-bitcoin-sv-s-price-has-jumped-up-14-in-the-last-24-hours-here-s-why-20200208t070108 |
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it is a good week for cryptos... Posted via <a href="https://steemleo.com/">Steemleo</a>
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