Business 15 February 2019Gerald Fenech
Crypto market daily report – February 15, 2019
The cryptocurrency markets appeared to be in positive mood on Friday at press time as the majority of coins were up by a considerable margin while other held on to their previous day’s price levels. Leaders of the pack in this respect were Binance Coin which was up by no less than 5% to the $9.33 level, whilst Stellar Lumens was also up by a similar amount to the $0.08 level.
Bitcoin Core (BTC) remained in the $3600-3620 levels but appeared to be well supported at that price range, although turnover was once again quite low at the $76 million mark – a far cry from the $200 million of the summer but even that was low compared to the heady days of late 2017. Litecoin (LTC) recovered from its mini slump on Thursday and was once again up by around 4% to the $43 level.
Other top 10 coins showed little movement although these at least held on to previous price levels. NEO was up by around 2% to flirt with the $8 level—again this is an almost surreal price range when a year ago this coin was trading at around $190. Bitcoin Cash ABC (BCHABC) remained at more or less the same level of around $121, whilst Bitcoin SV (BSV) lost a negligible 0.10% to trade at just over the $63 mark.
Coins with smaller market caps saw their price levels remain relatively the same, with Ethereum Classic (ETC) holding on to the $4.10 mark. TRON increased by around 2% to the $0.023 mark, whilst ONT posted a massive 10% spike to the $0.62 level – certainly an outlier although there was general positivity across the board. Cardano was up by a miniscule 1% to the 0.041 mark, whilst IOTA surged forward by 4% to the $0.27 level. WAVES kept steady at $2.57, whilst ZCASH was static at the $50 mark.
Note: Tokens on the Bitcoin Core (SegWit) chain are referenced as BTC coins; tokens on the Bitcoin Cash ABC chain are referenced as BCH, BCH-ABC or BAB coins.
Bitcoin Satoshi Vision (BSV) is today the only Bitcoin project that follows the original Satoshi Nakamoto whitepaper, and that follows the original Satoshi protocol and design. BSV is the only public blockchain that maintains the original vision for Bitcoin and will massively scale to become the world’s new money and enterprise blockchain.
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