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Cryptocurrency analysts highlighted a token that suddenly grew by more than 15%

3:32 pm, October 3, 2023

The value of the Bitcoin SV (BSV) cryptocurrency has increased significantly over the past day. The digital asset rose by 15%, reaching $ 41.

According to the data on the BSV chart paired with the US dollar (USD), the value of the cryptocurrency began to grow rapidly on the night of October 2. The growth of quotations provoked increased interest from traders, who provided trading volumes worth $ 249 million. In terms of weekly growth,rose by 33%, and by 35.5% over the month. However, the token is still trading 91% below its all-time high.

Analysts also drew attention to the growth of eCash (XEC) quotes. The value of this cryptocurrency jumped by 11% during the reporting period. The cryptocurrency was ranked 70th on the list of the best.

As predicted by experts, the market is historically expected to experience seasonal growth in October. Thus, the market leader has already risen in price by 5.1% to a six-week high of $ 28,489 at the beginning of this month. This was the highest level since August 17. The growth of the cryptocurrency market was boosted by rumors that the U.S. Securities and Exchange Commission would approve BlackRock’s application to register a spot bitcoin ETF, which it postponed last week.

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