Crypto market daily report – February 27, 2019

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The cryptocurrency markets remained relatively stable over the past 24 hours with the vast majority of top currencies remaining in the same boat. Bitcoin Core (BTC) settled at around the $3,820 mark at press time on Wednesday. Ethereum (ETH) also remained at relatively the same level of around $137 on Wednesday with practically no movement either way.

Other currencies showed minor movements with Litecoin (LTC) remaining at the $45 mark, whilst Ripple (XRP) also showed little movement with a 0.5% decline to the $0.314 level. Binance Coin (BNB) showed a slight movement upward and was the only one of the top cryptocurrencies to show a positive increase. The exchange coin was up by almost 3% to the $9.77 level. EOS was also up by a negligible amount to the $3.45 level, although this was still a far cry from the peak of $4.90 only reached a few days ago.

Another positive performer was Bitcoin SV (BSV) which continued building on the gains made over the past 48 hours and was up by a healthy 2.5% to the $71 mark—a price point that has not been seen for some weeks now. NEO remained at practically the same level of the last days, hovering around the $9 mark, whilst Stellar Lumens (XLM) saw a minor 1% increase to the $0.085 mark and Cardano was static at $0.042.

Of the currencies with smaller market caps, Ethereum Classic (ETC) showed positive movement rising by 2.7% to the $4.33 level, whilst IOTA saw a negative downturn of 0.5% to the $0.28 mark. VET and HOT were also down by3 and 1.5% respectively, whilst Bitcoin Cash (BCHABC) remained relatively stable at the $132 mark.

With many anticipating the Ethereum hard fork that takes place tomorrow, there will be a lot of eyes on this cryptocurrency today to observe whether there will be some sort of price pump before an eventual fall in price.

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