Bitcoin SV breaks out in overwhelming gains shunning the dully market trend. Following the impeccable surge, BSV is trading in a range between $110 and $115. Bitcoin SV exploded in marvelous gains on Monday becoming a market leader in terms of recovery. From an opening price of $94.69, BSV ascended to highs of $113.24 at the close of the session yesterday. The price action saw a ripple effect on the trading volume which saw a 44% rise in just 24 hours from $303 million to $541 million. The digital asset’s market cap also ballooned from $1.6 billion to $2 billion in the same period. At the time of writing, Bitcoin SV is still up 17% from the same time on Monday against both the USD and BTC. The trading volume is holding at $581 million in the last 24 hours while the market cap is standing at $2 billion. Looking at the one-hour chart, BSV’s break above the Simple Moving Averages (SMAs) was key to the tremendous gains. The 50 SMA on the one-hour chart and the 100 SMA are still playing catch up. However, they are inline to offer support in case an extended reversal occurs. Bitcoin SV has broken below the short-term accelerated trendline and is trading at $112.67. Short-Term support is formed at $110 while the upside is limited at $115. BSV/USD one-hour chart FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next Forex Today: Trade news keep risk-tone lighter, all eyes on Brexit proceedings, Canadian election results FX Street 3 years Bitcoin SV breaks out in overwhelming gains shunning the dully market trend. Following the impeccable surge, BSV is trading in a range between $110 and $115. Bitcoin SV exploded in marvelous gains on Monday becoming a market leader in terms of recovery. From an opening price of $94.69, BSV ascended to highs of $113.24 at the close of the session yesterday. The price action saw a ripple effect on the trading volume which saw a 44% rise in just 24 hours from $303 million to $541 million. The digital asset's market cap also ballooned from $1.6 billion to $2 billion… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.