Bitcoin and Bitcoin SV increased in price by more than 10% per day
CONTENT

  • The cryptocurrency market enters a bull phase

  • Bitcoin SV is showing skyrocketing growth

  • Market signals imminent recovery

International consortium of news organizations developing transparency standards.

The cryptocurrency is showing skyrocketing gains since Thursday, April 2. Over the course of a few days, Bitcoin and a number of other coins made a real breakthrough, having risen in value by more than 10%. However, the absolute champion in the rate of price growth this week was bitcoin SV, which in just a day grew by 16.69% against the euro and is trading at around 218 euros.

This Bitcoin SV rate was recorded in Malta on Saturday, April 4, at 09:59 local time. Note that this is the most significant coin dash since the beginning of the year..

ALERT: Bitcoin Cash (BCH) at Euro 218.07 increase by 16.69% during the past week.

Price: Euro 218.07

Timestamp: 09:59 (Malta / Europe)

Bitcoin and Bitcoin SV Grew in ...

This is not financial advice. Do your own research.

– Great Bitcoin (@greatbitcoin) April 4, 2020

Nearest Token As the use of cryptocurrencies grows, new types of tokens are emerging. They can represent value or something intangible like voices. Two … More ВТС also showed good growth, having risen in price immediately by 11.84% per day. On Saturday, April 4, Bitcoin was traded in Malta at 6,232 euros per share, which in dollar terms is 6,733 USD.

ALERT: Bitcoin (BTC) at Euro 6235.82 increase by 11.84% during the past week.

Price: Euro 6235.82

Timestamp: 09:58:56 04-04-2020 (Malta / Europe)

This is not financial advice. Do your own research.

– Great Bitcoin (@greatbitcoin) April 4, 2020

The market comes alive, bulls activate

 

Over the past week, Bitcoin has shown a steady rise to a new high of $ 7000. On Thursday, the BTC crossed the resistance line at $ 6800 and outlined a movement to the next target. On Saturday, April 4, the value of bitcoin rolled back slightly, and the main cryptocurrency began to trade at around $ 6758.

In addition, buyers have become more active in the market today, who are buying coins at reduced prices, apparently preparing for the upcoming halving, as a result of which the reward for one mined block will be halved. This should lead to an increase in the cost of military-technical cooperation in the market.

Bitcoin and Bitcoin SV Grew in ...

As BeInCrypto previously reported, the bitcoin futures market is heading for a recovery. While some cryptocurrency platforms such as BitMEX, Deribit, FTX and Kraken are still not entirely sure about Bitcoin’s near-term fate, futures are trading significantly higher on the Chicago Mercantile Exchange (CME). The premium for June contracts on CME increased from ~ 5.5% to 7.39% per annum, while on other sites the premium is only 0.19%.

This indicates the revival of the market and optimism among its participants. However, positive expectations had no effect on the fear and greed index, which has been in the “extreme fear” phase for more than a month..

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