Bitcoin Cash Flips Monero in Market Cap Rankings as Privacy Coin Hype Fades

5 hour ago 2 sources neutral

Key takeaways:

  • Monero's sharp decline reflects waning speculative interest in privacy coins amid a broader market rotation.
  • Bitcoin Cash's relative stability suggests it may be attracting capital from underperforming altcoins like XMR.
  • Watch for BCH to test the $600 resistance level again, as a break could signal a run toward Cardano's market cap.

Bitcoin Cash (BCH) has reclaimed the 11th spot in the cryptocurrency market capitalization rankings, overtaking Monero (XMR). According to CoinMarketCap data, Bitcoin Cash's market cap stands at $11.47 billion, surpassing Monero's $10.37 billion. This shift occurred despite BCH itself experiencing a 2.13% price drop over the last 24 hours, trading at $571.48 at press time.

The primary driver of the flip is Monero's significant decline. The privacy coin has suffered a 10.9% drop in market cap, with its price plunging 11.2% in 24 hours to $557.43. This extends to a weekly loss of 13.89%, a stark reversal from its all-time high of $798.91 reached on January 14, 2026. Analysts attribute the sudden plunge to massive profit-taking by investors and a broader cooling of hype around privacy coins.

While Bitcoin Cash has also faced volatility, losing 5.83% over the past week and seeing its trading volume drop 28.38% to $346.32 million, its decline was less severe than Monero's. BCH faced rejection at the $600 price level, triggering stop-loss sell-offs among some traders. However, it continues to trade above a critical support level of $563, leading some to speculate the price may have bottomed out.

The article notes that if Bitcoin Cash can replicate its impressive performance from September 2025—when it defied broader altcoin bearish momentum—it could potentially challenge Cardano (ADA) for the 10th position. To do so, BCH would need to increase its market cap by approximately $1.5 billion to surpass ADA's $12.85 billion valuation.

Meanwhile, Monero's technical outlook has turned cautious. Its price has broken below the $500 support zone, sliding more than 15% and violating its recent rising channel structure. On-chain data indicates the pullback was driven by the unwinding of leveraged positions, with over $30 million in long liquidations, rather than panic selling from long-term holders. This suggests Monero may be entering a digestion phase with potential for further sideways or downward movement.

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