Crypto market daily report – March 20, 2019

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The cryptocurrency markets entered into their third successive day of stability with some slight upward movement in the Bitcoin Core (BTC) price that pushed it over the $4,000 mark for the first time this month. Turnover was up considerably over the past 24 hours and reached the $84 million level on Binance, although it was still way below the highs of around $200 million that were seen over the last few months.

Ethereum (ETH) remained stuck at the $138 level and there does not seem to be much momentum either way with the second largest cryptocurrency by market cap remaining at this level for over a week now. Ripple (XRP) was also stuck at the $0.31 level and the third largest cryptocurrency seems to have settled at this level now without any hopes of any major upwards movement. After the last few days surge, Bitcoin Cash (BCHABC) seems to have settled at the $158 level with very little movement either way although it was down on 24-hour volume.

Of the other currencies with large market caps, Litecoin (LTC) remained static at the $59 mark, whilst EOS saw a slight decline where it dropped below the $3.70 level albeit with minuscule movement overall. Cardano (ADA) was the only currency which showed some positive shift where it rose by around 5% to well over the $0.0511 level. Stellar Lumens (XLM) continued shedding the gains it made over the past week where it was down by 2.6% to the $0.111 mark.

Currencies with smaller market caps also had somewhat mixed fortunes with the notable exception of Ethereum Classic (ETC) which was up by a considerable 6% to the $4.60 level, whilst NEO was also up although by a much more conservative 1% to the $9.09 level. Bitcoin SV (BSV) also showed some positive movement and inched towards the $66 level, whilst TRON remained basically static at the $0.0226 level or a rise of $0.5%. ONT, VET, HOT, ZIL and XMR also saw positive movements ranging from 2% to 4%.

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