Business

Gerald Fenech

Crypto market daily report – February 27, 2019

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.

Note: Tokens on the Bitcoin Core (SegWit) chain are referenced as SegWitCoin BTC coins. Altcoins, which value privacy, anonymity, and distance from government intervention, are referenced as dark 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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