BSV keeps on going downhill, crypto Twitter celebrates

16 Apr, 2019 | Updated: 16 Apr, 2019
by Alberto Arnaldo
Price Action
BSV keeps on going downhill, crypto Twitter celebrates

The delisting from Binance yesterday of Bitcoin SV - the Craig Wright (a.k.a. “Faketoshi” according to the majority of the crypto community)-led project - has pushed its prices to new yearly lows.

There are no signs for a retracement into BSV’s downtrend, inaugurated yesterday right after the fork from Bitcoin Cash got delisted from the leading exchange by volume, Binance.

Read more: Binance delists Bitcoin SV following CZ warnings to Craig Wright

The news sent BSV on a spiral of losses and online criticism, which has been followed by delisting calls and suggestions from other exchanges and highlighted personalities.

At writing time, BSV has lost more than 20% in the last 24 hours, as it trades for about $55. In comparison, last Thursday BSV was trading above $80, but the public reaction to Craig Wright’s campaign of propaganda, alleged lies and lawsuits has been an undeniably condemnatory one.

Reactions from crypto Twitter are keeping alive the topic, which is seeing interesting developments such as other exchanges unlisting the rather toxic asset:

On a different note, given that Craig Wright, who used to go by ProfFaustus on Twitter, has vanished from the social network as of late, certain imitators have started to tweet in his name:

Read more: Crypto Twitter responds to Binance delisting Bitcoin SV: 'CZ did it'

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Read more about: Bitcoin (BTC)

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