6/28, 7:42 PM (Source: TeleTrader)
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Chart for: BSV/USD

Bitcoin SV rockets 24%, reaches two-week high

Bitcoin SV (BSV) soared 24% on Monday, reaching a level last recorded on June 15.

Reports hinted that the London High Court decision in favor of Craig Wright, who has claimed to be the founder of Bitcoin known as Satoshi Nakamoto, could be the reason for the sudden change. In the case between Wright and the publisher of the website, called Cobra, on who wrote bitcoin's white paper, the London court ruled in Wright's favor, forcing to remove the article.

The price of the cryptocurrency surged 22.09% at 1:44 pm ET, to sell for $159.81, after reaching $172.56 minutes earlier.

Breaking the News / BU