Stellar Lumens 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.
End of Hash War between Bitcoin Cash and Bitcoin SV
This crypto market has been full of drama in the month of November. The recent drop is one…