Satoshi’s Vision down 17% against Bitcoin after Craig Wright verdict

exchange68September 11, 2024

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While Bitcoin has seen a pullback from its recently set new all-time high of $73,750 on March 14, currently trading down around 8%, other Bitcoin forks have fared much worse. Following the morning of the landmark ruling against Craig Wright on March 14, Bitcoin Satoshi’s Vision is down 17% against BTC.

Bitcoin forks against BTC (Source: TradingView)

Other Bitcoin forks, such as Bitcoin Cash, are also down against BTC but at a more modest 3% and 7%, respectively.

Craig Wright’s Bitcoin fork Bitcoin SV is down around 80% from its all-time high compared to Bitcoin, which is currently rocking around price discovery ranges. While Bitcoin SV is up around 360% from its all-time low set in July 2023 in dollar terms, it is near its all-time low when denominated in BTC.

Bitcoin SV vs Bitcoin (Source: TradingView)

Analyst

Liam ‘Akiba’ Wright

Senior Editor at CryptoSlate

Also known as “Akiba,” Liam is a reporter, editor and podcast producer at CryptoSlate. He believes that decentralized technology has the potential to make widespread positive change.

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