Bitcoin Cash Overtakes Bitcoin SV by capitalization
Bitcoin Cash market capitalization in Bitcoin ABC implementation has overtaken its rival Bitcoin SV to claim the fifth largest spot by capitalization, according to CoinMarketCap.
Bitcoin Cash holds the 5th place while the fork supported by Craig Wright holds the 7th place and has the market capitalization of $1,68 billion. Tether stablecoin sometimes hits the 5th place.
Within the last 24 hours, the top-10 cryptocurrencies on CoinMarketCap are showing slow grow after the long downturn with the only exception — Bitcoin SV. The leaders are EOS and Bitcoin Cash. Ethereum is still trading at lower than $100 while TRON holds onto the 10th place after the tweet by TRON founder Justin Sun stating that TRON would build a fund to rescue ETH and EOS developers from the collapse of their platform as long as those developers migrate their dapps to TRON.
It is noteworthy that it was reported earlier that the total crypto market capitalization lost half of its funds.