Bitcoin SV Surges 9%: Why Is BSV Price Rising Today?
Bitcoin SV $BSV is showing strong bullish momentum today, trading at $20.43, up 9.02% in the last 24 hours. The key driver behind this price increase is a sharp spike in trading activity, with 24-hour volume soaring 265.43% to $46.92 million. Such a sudden rise in volume usually reflects increased trader interest, short-term speculation, or renewed attention toward the asset.
BSV’s market capitalization now stands at $408.11 million, closely matching its fully diluted valuation (FDV) of $408.61 million. This alignment indicates that nearly the entire token supply is already in circulation, reducing concerns around future dilution. With a circulating supply of 19.97 million BSV, price movements tend to react quickly to changes in demand. Additionally, the volume-to-market-cap ratio of 11.48% highlights strong liquidity and active participation in today’s trading session.
Market sentiment across altcoins has also improved, which may be supporting BSV’s upward move. However, traders should remain cautious, as volume-driven rallies can be volatile if buying pressure slows.
If elevated trading interest continues, BSV could maintain short-term strength, but confirmation will depend on sustained volume and broader market conditions.
