Bitcoin SV (BSV) has experienced a surge in demand from short-term investors and traders as its price surpasses $50 amidst high volatility. BSV's daily trading volume has skyrocketed by 215%, reaching $93 million. Despite this surge, BSV remains down by 89% from its all-time high. The price surge comes alongside a bullish momentum in the market, with the global crypto market capitalization surpassing $2.5 trillion and Bitcoin reaching $71,000. BSV's open interest has also increased by 63%, indicating increased demand. However, there are expectations of a price fall, and the sentiment around BSV has been mostly neutral in the past month. It's important to note that BSV has faced delistings from major crypto exchanges due to various reasons, including fraudulent claims and a 51% attack on the BSV network.



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