The cryptocurrency market saw a major rise in prices of most cryptocurrency, however, there were certain coins that did not face any major change in their standing and price. Bitcoin SV [BSV] faced the wrath of exchanges as it first got delisted from Binance, and then a few others, fell to the 15th position. The coin did not register any significant pump and continued its downward journey as another cryptocurrency, Cosmos [ATOM] overtook it.
Bitcoin SV [BSV]
According to Bitfinex’s BSV chart, it originally closed at $219 on November 13, 2018, however, the coin fell under $100 within six weeks, on December 25, 2018. At press time, BSV was valued a t$53.58 with a market cap of $951 million. The 24-hour trading volume of the coin registered $126 million as it reported a dip by 0.64% over the past day. In the past seven days, BSV registered a mere 0.08% in growth and 0.23% within the past hour.
BSV’s fall can be attributed to its poor performance in the market, and Binance’s delisting of the coin added fuel to this burning pot. According to the current data available on CoinMarketCap, the coin was highly traded on BitForex with $16 million via BSV/USDT pair. The second place was taken by BitMart via BSV/USDT pair with $14 million in volume. The third place was taken by ZBG with BSV/USDT pair with $13 million.
On April 28, Binance’s CEO Changpeng Zhao informed the community of adding Cosmos [ATOM] to its exchange. CZ said:
“Here is a project that refused to even talk to an exchange about listing (and we have a good relationship with their tech guys), but we list it anyway.”
At this time, ATOM was ranked 1,803 in position,