Little forkers: BCH and BSV get crushed by Bitcoin price in 2021

Little forkers: BCH and BSV get crushed by Bitcoin price in 2021


Bitcoin (BTC) looks set to beat its forked versions Bitcoin Cash (BCH) and Bitcoin SV (BSV) in terms of price-performance in 2021, market data shows.

Notably, BTC’s year-to-date (YTD) returns sat near 60% at press time as its price wobbled near $47,500. In comparison, BCH rallied a little over 26% to $435.50, while the BSV price plunged over 25% to $122.30 in the same period.

But the biggest takeaway remained the performance of Bitcoin Cash and Bitcoin SV against Bitcoin. In detail, the BCH/BTC rate declined over 22.50% YTD to 0.00916. Meanwhile, BSV/BTC dipped by nearly 55% YTD to 0.00258 BTC, signaling capital rotations out of Bitcoin forks.

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BCH/BTC and BSV/BTC daily candle price chart. Source: TradingViewMarket dominance

Additionally, forked Bitcoin tokens — once counted among the top-ten cryptos

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