Bitcoin SV Price Surpasses $120 as Poloniex Volume Surpasses BCH-3.49

There is a lot of focus on the Bitcoin Cash fork which occurs on November 15th. At this stage, it seems things are heading in an interesting direction, albeit most people would not necessarily expect this peculiar trend. Bitcoin Cash itself is losing value, yet Bitcoin SV’s value is on the rise in spectacular fashion. At this rate, it is quickly becoming a very hot commodity among speculators.

Because of the controversial nature of Bitcoin Cash’s upcoming hard fork, the network will be divided into two camps. That in itself is problematic, but there appears to be no recourse at this time. One chain will follow the ABC developers, which maintained Bitcoin Cash until now. The rest will follow Bitcoin SV, a fork of Bitcoin Cash created by Craig Wright and nChain.

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