Crypto market daily report – February 21, 2019
The cryptocurrency markets continued to hold on or even slightly increase their gains on Thursday at press time. Bitcoin Core (BTC) was up by around 1.5% to the $3,960 level and looked poised to breach the psychologically significant $4,000 mark, where it’s expected to continue climbing on increased turnover. After a small setback where it appeared to be sinking below the $140 mark, Ethereum (ETH) once again charged forward to the $147 level and appeared to be testing the $150 mark once again.
Another riser was EOS, which charged forward by 7% to the $3.90 mark and also appeared to jump over the $4.00 level—a price not seen since November 2018. Stellar Lumens also had a bull run and was up by 5% to the $0.09157 level, whilst NEO was up by 1.5% to the $8.90 level. Bitcoin SV (BSV) held on to its price level of $66, although movement was also slight at 1.5%. Cardano (ADA) was up by around 3% to the $0.047 level, whilst Bitcoin Cash (BCHABC) climbed by 2% to the $145 mark.
Other currencies with smaller market caps had kind of mixed fortunes with BTT climbing by 5.4% after it was revealed that some token holders had gained from their holdings on Binance. ONT was up by an impressive 11% to the $0.75 level, whilst ONG and VET remained basically in the same position with marginal increases of 1% and 0.5% respectively. IOTA was up by a similar 1% to the $0.31 mark, whilst Ethereum Classic (ETC) held on to the $4.60 level on the back of a 2% increase.
Litecoin (LTC) continued its rise, finally breaching the $50 level on the back of a 5% rise—a price which had not been seen since the summer of 2018. The coin is up by almost 80% over the past month or so. Ripple (XRP) remained stuck between the $0.31 and $0.33 levels with not much movement either way.
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