Friday, July 1

The Little Forkers: BCH And BSV Crushed By Bitcoin Price In 2021 By CoinTelegraph

© Reuters. The small “forkers”: BCH and BSV are crushed by the price of Bitcoin in 2021

() appears poised to outperform its forked versions of (BCH) and Bitcoin SV (BSV) in price-performance terms in 2021, market data shows.

Notably, BTC’s returns to date (YTD) stood near 60% at press time, as its price staggered near $ 47,500. By comparison, BCH rallied just over 26% to $ 435.50, while the BSV price plunged more than 25% to $ 122.30 in the same period.

But the biggest takeaway remained the performance of Bitcoin Cash and Bitcoin SV against Bitcoin. In detail, the ratio decreased more than 22.50% YTD (in the year) to 0.00916. Meanwhile, the BSV / BTC pair declined by almost 55% YTD to 0.00258 BTC, indicating capital rotations from Bitcoin forks.

Read the full article on Cointelegraph

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