This leap has propelled Bitcoin SV to the 42nd spot on CoinMarketCap, supported by a hefty market cap of $1.9 billion and a 24-hour trading volume of over $642 million. With a limited supply of 21 million coins, its current circulation stands at around 19.6 million BSV coins.
Amidst this dynamic landscape, Sponge V2 emerges as another intriguing alternative coin, capturing investor interest.
In terms of technical analysis, Bitcoin SV is navigating through critical levels. The pivot point is currently set at $93, providing a baseline for its market trajectory.
Looking at resistance levels, Bitcoin SV faces immediate hurdles at $108, $120, and $130, marking potential barriers to its upward movement.
On the support front, significant levels are established at $84, $70, and $60, offering critical thresholds to cushion any potential downturns.
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