Stellar Lumens Overtakes Bitcoin Cash By Market Capitalization

Stellar Lumen Overtakes Bitcoin Cash By Market Capitalization-

Bitcoin cash has lost its position as the world’s fourth-largest cryptocurrency to Stellar lumens (XLM). As shown on CoinMarketCap, Stellar overtook bitcoin cash in the rankings of cryptocurrencies by market cap. Market capitalization is a way to ascertain the value of a cryptocurrency.

To find the market cap, multiply the price and circulating supply (Market Cap = Price X Circulating Supply). Bitcoin cash has lost over 9 % of its value in the last 24 hours. Bitcoin is also falling rapidly, moving towards the $4,000 mark.

Bitcoin cash could be heading out of the top five soon even with EOS closely lurking behind it. The asset after going through a nasty split with Bitcoin SV has lost more than half its value. Bitcoin cash is currently trading at $173—down from highs of $630 in early November. It now has a market cap of over $3 billion.

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Read Full Story : Cryptocurrency information | Cryptocurrency News | Bitcoin News and Crypto Guide

2018-11-30 11:22:29

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