AMBCrypto’s examination of Bitcoin SV on Santiment following the recent development revealed a slight increase in volume. At the time of writing, the trading volume of Bitcoin SV stood at approximately $52 million, after surging 20% in 24 hours. Bitcoin Price News Notably, Bitcoin's chart has looked absolutely nothing like the gold spot price over the past six months. A core part of Bitcoin's philosophy is to function as an alternative and a hedge to fiat currency. Many early proponents and adopters heralded cryptocurrencies as "digital gold" with attractive deflationary features. We're experiencing historically high inflation rates, caused in part by central bank responses to the COVID-19 economic crisis. Over this exact time frame, Bitcoin has behaved more like a speculative growth stock and less like a stable store of value.