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Bitcoin SVBSV/USD fell early Thursday even as major coins such as BitcoinBTC/USD and EthereumETH/USD saw strong gains.
What happened: The price drop comes after RobinhoodHOOD said 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.
SeeMore:Best Crypto Day Trading Strategies
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 Cash blockchain, which evolved 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.
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