Binance coin [BNB] enters the league of the top 10 coins, while Bitcoin SV [BSV] bids adieu

The cryptocurrency market has welcomed a new entrant in the top 10 cryptocurrency list of CoinMarketCap, Binance coin [BNB]. The coin overtook Bitcoin SV [BSV] on February 6 to become the tenth largest cryptocurrency in the world. Bitcoin SV [BSV] had been performing poorly due to the bear market, and eventually gave up the tenth rank it was holding on for long.

Source: CoinMarketCap

At the time of press, BNB at the tenth position is pumping by 19.06% over the past day and has not stopped, as it continues to grow by an astonishing 3.79% over the past hour. The coin reported a growth of 37.36% over the past week.  The coin was valued at $8.44 with a market cap of $1.191 billion. BNB registered a 24-hour trading volume of $123 million while BSV’s trading volume was $60 million.

According to the data provided by CoinMarketCap, about 75% of the transactions took place on Binance which is BNB’s parent company.

Binance’s Chief Executive Officer [CEO], Changpeng Zhao took to his Twitter handle to inform the community of Binance coin entering the league of top coins and said:

“Many thanks to @CoinMarketCap for updating the $BNB circulating supply. Doing ranking is much much harder than people imagine. Keep up the good work!”

Source: Trading View

At the time of press, BSV was valued at $58.3 with a market cap of $1.027 billion. The coin registered a 24-hour trade volume of $60 million with a growth of 0.43% in an hour while registering a fall of 6.49% over the past day. The coin which was falling pretty badly noted an overall fall of 10.11% over the past week.

BSV was highly traded on Bit-Z with a trading volume of $7 million with BCHSV/BTC pair. The second and third place was taken by BitForex which traded BSV with BSV/USDT pair and  BSV/BTC pair. The trading volume recorded by the two pairs was $5.6 million and $5.4 million, respectively.

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