Bitcoin SV (BSV) Enters the Top 10 Crypto Market on CoinMarketCap at #7 Coin

2018-11-27 07:10

It seems that there is a new virtual currency in the top 10 that CoinMarketCap displays. Bitcoin SV (BSV) is now the 8th largest virtual currency with a market capitalization of $1.81 billion dollars. Surprisingly, it has a higher market cap than Litecoin (LTC) which was moved to the 9th position.

This is a surprising event since there are three different Bitcoin versions in the top 10: Bitcoin (BTC), Bitcoin Cash (BCH) and Bitcoin SV (BSV). According to the Reddit user Rewoomantle, this situation is ‘ridiculous.’ Rewoomantle wrote a post on Reddit in which he says that he is not able to understand how the market is working.

Bitcoin SV was able to surpass different high-quality projects in the market such as Monero (XMR). Rewoomantle explains that Monero is an important project in the market and that is funded by the community. Moreover, Monero is also considered one of the best privacy coins in the crypto market.

About it, he wrote:

“Monero is a top quality project without any premine, funded by the community, by most people’s admission the best privacy coin out there and actually can scale after Bulletproofs with a fraction of bitcoin’s transaction fee.”.

He then mentions that it got ‘kicked out’ from the top 10 by a cryptocurrency with centralized mining and no adoption at all. The threat started by this Reddit user received several comments of individuals criticizing the current state of the market and giving their opinions about what will happen in the future with Bitcoin SV.

Bitcoin SV was born as a fork of the Bitcoin Cash network. Back on November 15, Bitcoin Cash experienced a network upgrade in which Bitcoin ABC and Bitcoin SV were fighting to be the only BCH network. However, Bitcoin SV couldn’t keep with the hash war against Bitcoin ABC. This is why Craig Wright, Bitcoin SV supporter, announced that Bitcoin ABC could implement replay protection and allow both networks to compete in the market.

At the moment, each BSV coin can be purchased for $103 dollars. In the last 24 hours, this coin has grown more than 21%. Most of the cryptocurrencies are operating negatively in the last 24 hours.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Market.space (MASP) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Доступно / Всего 0 MASP

market bitcoin currency virtual coinmarketcap bsv surprisingly

market bitcoin → Результатов: 126


BlockDAG Leads with $150M Presale as Crypto Market Tops $3.1T, Bitcoin ETFs and Ethereum Price Grow

The cryptocurrency market has soared, reaching a new pinnacle with a total market capitalization of $3. 13 trillion, establishing the sector as a formidable economic force. This surge reflects in the growing appeal of Bitcoin ETFs, which have seen unprecedented inflows, while Ethereum (ETH) sets its sights on managing $10 billion in assets.

2024-11-25 04:00


Bitcoin’s Big Week: Election, FOMC Meeting, And Strong Signs Of A Bull Market

As the market faces one of its most volatile weeks—amid the U.S. election and the Federal Open Market Committee (FOMC) meeting—Bitcoin appears primed for a lasting rally. Historically, major bull runs have followed post-election periods, and analysts are optimistic about Bitcoin’s potential, forecasting it could hit $100,000 by year’s end, […]

2024-11-5 08:22


Bitcoin’s (BTC) Bullish Patterns Emerge: Is a Market Super Cycle on the Horizon? Pay Attention to These Metrics

Bitcoin’s trading pattern lately reveals a consistent sideways movement, with fluctuations between $60,000 and $72,000. This trend, as highlighted by top cryptocurrency analyst Doctor Profit via a tweet on X, mirrors historical market behaviors that have typically preceded significant price increases.

2024-4-29 09:30


Ethena’s (ENA) Crucial Role In Bitcoin Bull Market: Expert Identifies Critical Factors For Sustainable Growth

The recent volatility in the Bitcoin (BTC) price and its struggle to consolidate above the $70,000 mark has raised questions about the sustainability of its ongoing bull run. However, market expert Charles Edwards, co-founder of Capriole Invest, believes that the decentralized finance (DeFi) protocol Ethena Labs (ENA) could significantly extend and boost Bitcoin’s bull market to new heights.

2024-4-10 03:00


Фото:

Option2Trade Remain Market Favorites With Ether As Bitcoin Reaches All-Time Highs

As Bitcoin (BTC) reaches all-time highs, setting the stage for further market growth, Ethereum (ETH) and Option2Trade (O2T) continue to shine as market favourites. Their sustained popularity amidst Bitcoin’s (BTC) milestone achievements highlights the multifaceted nature of the cryptocurrency market, where diversity, innovation, and community involvement are just as crucial for success. Ethereum’s (ETH) role […]

2024-3-13 19:33