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.
The Genesis protocol upgrade on February 4, 2020 is a monumental step in the history of Bitcoin, and will see BSV returned as close as possible to the original protocol as envisioned by Satoshi Nakamoto. Visit the Genesis Hard Fork page to learn more.
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