S.V. Bitcoin BSV/EUR fell early Thursday even as major coins such as Bitcoin BTC/USD and Ethereum ETH/USD recorded significant gains.
What happened: The fall in prices comes after Robin Hood HOOD stated that support for BSV would be discontinued. Users can continue to buy, sell, send, and hold BSV until January 25. Any BSV left in a Robinhood crypto account after the deadline will be sold at market value.
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At the time of writing, BSV was down 6% in the past 24 hours, trading at $41.
Robinhood’s decision was based on a detailed review of available cryptocurrencies, according to an email seen by CoinDesk, although details were not disclosed.
BSV was created in 2018 by Craig Wright, a computer scientist who claims to be Satoshi Nakomoto, the pseudonymous creator of Bitcoin. BSV was built from a hard fork applied to the bitcoin money blockchain, derived from the original Bitcoin blockchain.
price action: BTC was trading at $18,223, up 4.64%. ETH at $1,398, up 5.11% in the last 24 hours, according to Benzinga Pro.