Business

Gerald Fenech

Crypto market daily report – April 15, 2019

The cryptocurrency markets saw a considerable rise on Monday morning at press time as several of the most important coins registered substantial increases across the board. Bitcoin Core (BTC) was up by some 2% to trade at the $5,150 level at press time after having settled at around the $5,000 level for most of the weekend. Ethereum (ETH) was also up by around 4% to trade at the $168 mark as the currency began to pick up speed once again having fallen quite close to the $160 mark over the past 48 hours.

Other cryptocurrencies with larger market caps also registered considerable increases. EOS was up by a considerable 6% to trade at the $5.55 mark on Monday at press time, whilst BCHABC rose by around 9% to touch the $300 level again. Litecoin (LTC) registered a similar rise of around 8% to jump over the $82 level and was trading at around $83 at press time on Monday. Ripple (XRP) was the only currency to register a relatively small movement and was up by just around 2% to the $0.33 level. Cardano (ADA) was up by a relatively conservative 4% to the $0.084 level with NEO registering almost exactly the same movement to trade at the $11.22 level at press time.

Bitcoin SV (BSV) was also up by 4% to jump over the $70 level and was trading at around the $72 level at press time. Stellar (XLM) was also up by around 4.5% to the $0.118 mark.

Currencies with smaller market caps also registered increases with Ethereum Classic (ETC) moving up by around 4% to the $6.50 level. WAVES, HOT and IOST registered substantial increases ranging from the 5% to the 8% levels, with VET and QTUM registering the same level of increases as the bigger market cap currencies with around 4% rises on average. IOTA, DASH and ZIL were also up by around 3% and 8% respectively.

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