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The daily statistics of the cryptocurrency market looks fairly bullish for almost all the tokens. Both Bitcoin Cash [BCH] and Bitcoin SV [BSV] has shown a significant hike of 31.9% and 10.3% respectively. The sudden growth of BCH has pushed the cryptocurrency to the 4th position on the list. Notably, it has overtaken EOS which had shown a tremendous growth in the past 2 days.
According to CoinMarketCap, BCH is currently trading at $133. with a market cap of $2.3 billion. The highest trade volume of the crytptocurrency is seen to been on Binance, followed by Upbit and Huobi. The 7 days chart of BCH has also shown a 30% growth rate. In the past 1 week, the cryptocurrency was trading as low as $75, which further moved ahead and closed at $105 yesterday.
BCH 1-day chart | Source: CoinMarketCap
Post the hardfork which took place on 15th November, both Bitcoin Cash [BCH] and Bitcoin SV [BSV] has been constantly on an active rivalry in the market. Both the cryptocurrencies have been gaining support from many major exchange platforms. Recently, Bitcoin Cash [BCH] was also added on a well known exchange named Changelly.
Though BCH managed to stay in the top 10 list by market capitalization, it was overtaken by other altcoins such as Litcoin [LTC], Stellar [XLM] etc several times in the past 2 weeks. Also, Ethereum [ETH] had a great competition with BCH in terms of price, wherein, BCH was overtaken by ETH. However, after all the constant highs and lows, the cryptocurrency has settled at the current position at the moment.