Crypto market daily report – April 4, 2019
The cryptocurrency markets demonstrated a slight decline on Thursday morning with most of the larger market caps showing a small decrease although the pullback was quite healthy. Bitcoin Core (BTC) was down by around 45% to the $5016 level after having reached an intra year high of $5200 at one point on Wednesday. Ethereum (ETH) was also down by around 4% after having climbed to almost the $180 mark to settle at the $162 level on Thursday morning at press time.
BCHABC continued to hold its own and settled at just around the $310 mark on Thursday morning at press time although it had reached a yearly high of $330 on Wednesday afternoon. EOS settled at the $5.22 level after having gone up to around $5.50 on Wednesday although turnover levels were also quite healthy.
Bitcoin SV (BSV) continued to perform strongly and was trading at around $90 at press time or a 4% decline after having even flirted with the $100 level on Wednesday. Litecoin was another strong performer and retained the $88 level, although it had gone up to as much as $93 on Wednesday.
Other coins with larger market caps also had a mixed bag of fortunes but were generally on the retreat. Cardano (ADA) lost around 10% to settle at the $0.03 level after having blasted through the $0.10 psychological level on Wednesday. NEO continued rising, however, and was up by around 5% to the $13 level, demonstrating considerable strength on bullish sentiment. Stellar (XLM) was down by around 1% but was still well established over the $0.122 mark. DASH continued rising and was up by around 1% to the $131 mark—another considerable achievement after this currency had been trading at under the $70 level just about a month ago.
Smaller market cap coins were generally down with Ethereum Classic (ETC) losing 2% to settle at the $5.53 mark, whilst IOTA was down by 4% to the $0.35 level. A bright spark was ONT which was up by 10%, whilst other coins such as TRON and FET were down by 6 and 7% respectively. ICX was up by 6% as was VET, whilst IOST recovered practically all of yesterday’s losses and was up by a staggering 29%.
Note: Tokens on the Bitcoin Core (SegWit) chain are referenced as SegWitCoin BTC coins; tokens on the Bitcoin Cash ABC chain are referenced as BCH, BCH-ABC or BAB coins. Altcoins, which value privacy, anonymity, and distance from government intervention, are referenced as dark coins.
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