Bitcoin SV [BSV] and Litecoin [LTC] overtake Tether [USDT]


The bullish market has lasted longer than expected and Bitcoin SV [BSV] and Litecoin [LTC] have been constantly shifting ranks in the top 10 cryptocurrencies list. As of December 23, BSV and LTC overtook the stable coin, Tether [USDT] and have acquired the eighth and seventh positions respectively, on CoinMarketCap.

At the time of press, BSV was trading at $113.02 with a market cap of $1.9 billion. The coin registered a 24-hour trade volume of $175 million with a growth of 5.87% over 24 hours. The coin saw a 7-day growth of 46.32%. BSV was stuck at the ninth rank following the surge when it overtook Bitcoin Cash [BCH], but only for a short while. However, the coin has managed to grow, if not move dramatically up the coin ladder.

As per the trading volume, Upbit registered a maximum volume in trade, $34 million with BSV/KRW pair. Upbit was followed by Binance with $33 million in trading volume with BCHSV/USDT pair. The third position was taken by Binance with the pair BCHSV/BTC. This pair reported a trading volume of $15 million.

Source: CoinMarketCap

Source: CoinMarketCap

According to CoinMarketCap, LTC was valued at $36.05, at the time of press, with a market cap of $2 billion. The coin once in the top five, may have slipped down the ladder but has managed to flourish. The 24-hour trade volume of the coin was $610 million and had reported growth by 10% over the past 24-hours. The overall growth of the coin was noted to be 36.29% over the past seven days.

According to the charts, OKEx registered the highest trading volume, $45 million with LTC/USDT. The second highest trading volume was reported by Bibox, $43 million with LTC/BTC pair. Bibox also reported the third highest trade of LTC with $35.9 million on LTC/ETH pair.

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