Craig Wright-Founded Bitcoin SV Loses Ground To Apex Crypto As It Hits Record Low

Bitcoin SV (CRYPTO: BSV), a spinoff of Bitcoin (CRYPTO: BTC), known as Satoshi’s Vision, has witnessed a massive drop in its value against Bitcoin. 

What Happened: According to data from LunarCrush, BSV is currently trading at 0.0011 BTC per BSV, its lowest-ever level. This marks a decline of almost 99.8% against Bitcoin.

This comes at a time when BTC breached $30,000 levels and hit a 10-month high, as the overall cryptocurrency market rebounds.

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In January 2023, BSV was delisted from the trading platform Robinhood, causing prices to tumble.

BSV was launched in late 2018. It was created by Craig Wright, who claims to be the original creator of BTC.

Price Action: At the time of writing, BSV was trading at $35.18, up 0.49%, while BTC was trading at $30,106.61, up 0.52% in the last 24 hours, according to Benzinga Pro.

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