Crypto market daily report – April 29, 2019

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The cryptocurrency markets remained in a stable mode over the weekend, although most tokens were in negative mode. Bitcoin Core (BTC) was moderately up to just over the $5,300 mark and was trading at $5,318 at press time on Monday. Ethereum (ETH) was slightly down at just under the $160 mark, trading at around $158 at press time with very little movement either way. Ripple (XRP) was also up at just over the $0.30 mark but seems to have settled at that level for the past few months with not much movement. EOS was stable at the $4.73 mark or a marginal 0.5% decrease.

Coins with similarly large market caps also remained pretty static although there were some notable movements such as in the case of IOTA, which rose by a staggering 21% to the $0.31 level. Litecoin (LTC) was down by around 2% to just above the $70 level, whilst BCHABC continued losing ground and dropped by a further 4% to the $255 level. Bitcoin SV (BSV) was up by around 2% to the $54 level as it continued recovering from the lows experienced last week. Cardano (ADA) was down by 2% to just under the $0.07 level, whilst NEO was also down although by a rather more conservative 1% to the $9.44 level. Stellar (XLM) also dropped by around 1.5% to the $0.10 level after having recovered slightly over the weekend.

Smaller market cap coins had a mixed bag of fortunes with Ethereum Classic (ETC) showing some positive movement and rising to just above the $5.70 mark on the back of a 3% increase. Other coins saw some drops however with ONT shedding around 8% to the $1.08 level and BAT down by 2% to the $0.40 mark. IOST, NANO, VET and NULS were also down with the decreases ranging from 5 to 2% overall.

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