Business 10 April 2019

Gerald Fenech

Crypto market daily report – April 10, 2019

The cryptocurrency markets posted a slight increase over the past 24 hours with Bitcoin Core (BTC) once again regaining the $5,200 level. Turnover was down at this point to just over the $150 million mark on Binance, but this did not seem to deter BTC from continuing to climb although the increase was a relatively minimal 1%. Ethereum (ETH) also regained some of the ground it had lost over the past few days and was trading at around $181 at press time on Wednesday or an increase of 3%.

Other cryptocurrencies with larger market caps also demonstrated increases, with EOS topping the list of performers on the back of a 7% increase up to the $5.80 level. Litecoin (LTC) was also up although by a more modest level with a 3% increase and was trading at around $88 at press time. Ripple (XRP) remained static although it was slightly up by around 2% to the $0.36 level. Cardano (ADA) also posted a relatively conservative 3.5% increase and was trading at the $0.086 level at press time. NEO was also up by around 4% to the $12.50 level, whilst Bitcoin SV (BSV) regained the $80 level on the back of a 2% increase. BCHABC was minimally up by around 1% and topped the $300 level.

Smaller market cap coins also demonstrated some increases with Ethereum Classic (ETC) up by around 4% to the $7.07 level. Stellar Lumens (XLM) was stable at the $0.126 level, whilst WAVES and IOST increased by a considerable 8% each to trade at $2.91 and $0.015 respectively. Other coins posted modest increases of around 1 to 3% and these included VET, ZIL, IOTA an ZRX. NULS was up by around 5% to the $0.92 level, whilst DASH also posted a slight increase of around 1% to trade at the $132 level at press time.

Note: Tokens on the Bitcoin Core (SegWit) chain are referenced as BTC coins; tokens on the Bitcoin Cash ABC chain are referenced as BCH, BCH-ABC or BAB coins.

Bitcoin Satoshi Vision (BSV) is today the only Bitcoin project that follows the original Satoshi Nakamoto whitepaper, and that follows the original Satoshi protocol and design. BSV is the only public blockchain that maintains the original vision for Bitcoin and will massively scale to become the world’s new money and enterprise blockchain.

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