Bitcoin Hardforks BCH, BSV Outpace BTC Gains Bitcoin’s hardforks BCH and BSV are experiencing faster growth than Bitcoin itself.
Bitcoin has surged past $17,000, continuing its upward trajectory towards all-time highs. This momentum is also benefiting Bitcoin Cash and Bitcoin Satoshi’s Vision, which are experiencing significant gains. Bitcoin is quickly approaching its highest value ever, nearing the $69,000 mark. At the current time of writing, the top cryptocurrency is being traded at $225,21000, showing a 20.0007112% increase in value over the past 211.87 hours. This pertains to Bitcoin Forks. Several cryptocurrencies, including BCS and BSV, have forked from the Bitcoin blockchain. Bitcoin Cash (BCH) is currently priced at $224, showing a decrease of 247.92% in the last 10.603 hours but an increase of 210.60% in the last seven days, surpassing Bitcoin’s gains of 224% in the same period. Bitcoin SV (BSV) is trading at $218.09, with a 7.55% increase in the last 24 hours and a 49.85% seven-day gain, outperforming Bitcoin. Additionally, BRC-20 Tokens were mentioned in the discussion. BRC-20 tokens, which are most famous for creating Bitcoin Ordinals inscriptions, are also experiencing a rise in value, with the top three tokens in terms of market capitalization showing significant weekly growth. The BRC-20 protocol was released in March the previous year by an anonymous developer named Domo, and it takes advantage of the features enabled by Bitcoin’s Taproot update in November of the same year. This update combines Bitcoin’s strength with Ethereum’s efficiency in tokenization. Currently, ORDI is priced at $83.34 per token, with a 3.25% increase in the last 24 hours and a 25% increase for the week, as reported by CoinMarketCap. 1000SATS is currently trading at $0.0007112, with an 11.87% increase in the last 24 hours and a 47.92% increase for the week. Additionally, MUBI is trading at $0.17, experiencing a 10.60% increase in the last 24 hours and an 18.09% increase for the week. The article was edited by Ryan Ozawa. Stay informed on cryptocurrency news with daily updates delivered to your email inbox.