Crypto market daily report – April 2, 2019

The cryptocurrency markets showed a huge sign of revival as almost all coins smashed previous boundaries with double-digit increases across the board. The gains are the biggest over the past six months and perhaps indicate that there are some signs of a bull market which is creeping up ahead.

Bitcoin Core (BTC) was up by over 15%, touching the $5,000 mark for a few minutes before settling back at around $4,700 at press time on Tuesday. However, what is really significant here is the huge increase in turnover which was up by a staggering 300% to $360 million on Binance alone. Another huge mover from the coins with larger market caps was Litecoin (LTC), which was up by 11% to the $68 level and seemed to be making a charge for $70. Ethereum (ETH) was also up by a significant 7% to the $154 level before falling back slightly to the $151 level at press time.

Binance Coin (BNB) continued setting new highs for 2019 and was trading at the $19.14 level on Tuesday at press time. EOS was also up by a considerable 9% to the $4.56 level at press time, whilst Cardano (ADA) continued building on the increases of the last few days with an impressive 13% increase to trade at $0.0745 at press time. Ripple (XRP) was perhaps the slowest of all to grow although it was up by over 6% at press time to reach the $0.331 level. BCHABC was also bullish and was up by around 9% to the $182 level with the $200 mark seemingly not that far away.

Smaller market cap coins were also up by considerable margins with NEO up by 9% to over the $11 level whilst Stellar (XLM) was up by a more conservative 7% to the $0.116 mark. Bitcoin SV (BSV) was also up by 7% to the $70 level and looked quite bullish as did Ethereum Classic (ETC), which was up by 8% to the %5.18 level. DASH, IOST, LINK and IOTA were also up by between 8 and 11% with healthy turnover levels.

New to Bitcoin? Check out CoinGeek’s Bitcoin for Beginners section, the ultimate resource guide to learn more about Bitcoin—as originally envisioned by Satoshi Nakamoto—and blockchain.

To receive the latest news, special discounts on CoinGeek Conferences and other inside information direct to your inbox, please sign up for our mailing list.