After US-Iran Tensions Bitcoin Price Benefits from BSV Surge
Cryptovest
Published Jan 14, 2020 07:56AM ET
Updated May 30, 2020 12:02PM ET
After US-Iran Tensions Bitcoin Price Benefits from BSV Surge
Bitcoin has had an eventful start to 2020 after a lackluster holiday season in December. Firstly it was the US-Iran conflict escalating from January 3, 2020, resulting in price appreciation for gold, as well as Bitcoin. Thet price rally took BTC from under $6,900 to over $8,450 as market participants highlighted the digital asset’s foray into the safe-haven category.
After de-escalation between the two countries, Bitcoin prices also cooled off to around $7,600, but now with a curious Bitcoin SV rally lifting the entire market, Bitcoin has also gained around 6% to surpass $8,500.
h2 Why is Bitcoin SV rallying?/h2Bitcoin SV was founded by the controversial Craig Wright, who has long claimed to be the inventor of Bitcoin, Satoshi Nakamoto. While his claims have been ridiculed in the crypto community, he recently had a positive judgment in his legal fight, giving him until February 3,...
This article appeared first on Cryptovest
Get The News You Want
Written By: Cryptovest
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.