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Bitcoin SV [BSV] down by 6% as token bleeds red; Monero [XMR] sees 20% dip over the week

Namrata Shukla

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Bitcoin SV [BSV] down by 6% as token bleeds red; Monero [XMR] sees 20% dip over the week
Source: Pixabay


The past week has been full of surprises for the cryptocurrency market. From coins constantly shuffling ranks, the market has mostly bled red. Bitcoin SV [BSV] and Monero [XMR] have suffered the most among the top coins. BSV drove the bull race the past week, while XMR remained an observer on the twelfth position.

Source: CoinMarketCap

Source: CoinMarketCap

At the time of press, BSV, the eighth-largest cryptocurrency, was valued at $92.86 with a market cap of 1 billion. The 24-hour trade volume of the coin was $57 million and had registered a mere growth of 0.08% in the past hour at the time of reporting. The coin had plunged by 6.40% in the past 24 hours.

According to the trading volume, the highest 24-hour trade volume was registered by GDAC with BSV/KRW pair. The 24-hour trade volume was reported to be $15 million. Similarly, BitMart was at the second and the third position, with a trading volume of $7.43 million and $7.12 million with BSV/USDT and BSV/BTC pairs, respectively.

Monero, the twelfth ranking coin on the CoinMarketCap list, was valued at $44.25, with a market cap of $736 million. The coin registered a 24-hour trade volume of $13 million and had seen a miniscual growth by 0.49%. However, over the past 24 hours, the coin plunged by 6.36%.

According to the maximum trade volume, Bithub registered a trading volume of $712 million with XMR/KRW. Bithumb was followed by Binance, which reported a trading volume of $2 million with XMR/BTC pair. The third in line was Exrates, with a trading volume of $1 million with XMR/BTC pair.

 

BSV, after driving a bull race, seemed to slow down, but had not exactly fallen prey to the bear. The coin reported a fall of 0.18% in the past seven days.

However, XMR has been red for the past few weeks. At the time of press, the coin had registered a fall of more than 20% in the past seven days.





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