Business

Gerald Fenech

Crypto market daily report – April 3, 2019

The cryptocurrency landscape continued to turn green all across the board with all major coins showing spectacular increases. Bitcoin Core (BTC) continued to climb, albeit at a slower pace of around 3% to settle at $4,900 at press time on Wednesday. The real winner of Wednesday was BCHABC which was up by a staggering 45% to the $260 mark. This coin is now up by around 60% over the past 48 hours. Bitcoin SV (BSV) was the second largest gainer over a 24-hour period and was up by an equally impressive 26% to cross the $86 level at press time.

Other coins with large market caps also posted significant increases across the board. Ethereum (ETH) was up by around 13% to the $168 level, whilst Ripple (XRP) was up by a more conservative 7% to the $0.352 mark. Litecoin (LTC) was also up by over 21% and was trading at the $82 level at press time. EOS posted double digit gains of around 13% to register at $5.16 at press time. Cardano (ADA) also continued making considerable gains and was up by 15% to the $0.09 mark, whilst NEO was up by a similar 13% to just over the $12 level. Stellar Lumens (XLM) posted a 7% increase and was well over the $0.124 level—the highest it has been this year.

Coins with smaller market caps also saw significant increases although perhaps not on the same levels as the other larger capitalized coins. IOTA was up by 8% to the $0.357 level, whilst Ethereum Classic (ETC) posted a not inconsiderable 12% increase to trade at $5.66—also a high for the coin this 2019. ZIL, BAT, HOT and XMR all posted single digit gains of between 4% and 10%, whilst DASH was up by over 11% to flirt with the $130 level. The only losers of the day were OMG and NANO, which saw considerable drops of 17 and 15% respectively.

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