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The bull market seems to have reached the pace with the graphs showing a green spread. The market, which has long been bleeding, has seen a sudden rise in prices as the year approaches its end. On December 20, the plateaus witnessed massive peaks, some in the realm of double-digit earnings.
The three biggest winners of the altcoin category in the top 10 were Bitcoin Cash [BCH], Bitcoin SV [BSV] and Ethereum [ETH].
At the time of writing, Bitcoin Cash [BCH] it was increasing by 39.3% over the 24-hour time period while the hourly earnings were close to 9%. The cryptocurrency held a market capitalization of $ 2.777 billion and was trading for $ 158.34. Most of the market volume of $ 695.189 million of cryptocurrency was held by Upbit, which accounted for 14.52% of all BCH exchanges.
The expansion was closely followed by Binance with a reserve of $ 99.409 million of the current BCH. The sudden growth also allowed BCH to move up to fourth in the rankings after falling below sixth.
The second best player in the top-10 was Bitcoin SV [BSV], up 18.67% over the 24-hour period, while hourly earnings were 3%. BSV held a market capitalization of $ 1.642 billion, with a 24-hour volume of $ 208.442 million. Most of the cryptocurrency operations took place on Binance, where BSV exchanges were made for $ 46,061 million. After the hard-beat hard fork, BSV was still trading for less than $ 96.45 compared to BCH's $ 158.34.
The cryptocurrency that finished third on the podium was the Vitalik Buterin co-founded Ethereum [ETH], which was up 6.62%. ETH was trading for $ 109.99, with a total market capitalization of $ 11.427 billion. The 24-hour volume of cryptocurrency was $ 2.644 billion, which was largely in the possession of OEX. The OEX had a distinct advantage over other exchanges in terms of trade in the Ethereum, with a percentage of 4.83% of the total trades.
The uproar prosecution of cryptocurrencies has also led Bitcoin to break the $ 4000 barrier, prompting many members of the crypto-verse to speculate on the start of a bull run. AxToma, a Twitter user commented:
"It's happening guys, last week was probably the last time to buy on the market."
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