Business

Gerald Fenech

Crypto market daily report – June 13, 2019

The positive streak continues for cryptocurrency markets over the past 24 hours, with majority of the top coins rising by considerable margins. SegWitCoin BTC sailed past the $8,000 mark and even touched the $8,200 level before retreating slightly to below the $8,100 mark at press time on Thursday.

Another riser was Litecoin (LTC), which pared back some of its gains after having reached the $140 mark on Wednesday. It settled at just around the $134 mark on Thursday, or a retreat of around 3%. Ethereum (ETH) also made a strong comeback and was trading at just under the $260 mark at press time, or an increase of 5% overall.

Bitcoin SV (BSV) also retained the $190 mark on Thursday and looked quite strong in that area with a push for the $200 level not entirely unexpected. The coin was trading at the $191 mark on Thursday, an increase of 2%.

Other Top 10 coins by market cap had somewhat mixed fortunes with Ripple (XRP) and EOS rising by 3% each, whilst Stellar (XLM) also up by around 2% to the $0.125 level. NEO continued its impressive progress with an increase of around 5% to the $12.90 level, whilst IOTA posted a more conservative 1% gain to touch the $0.43 mark. Cardano (ADA) continued its positive movement and was up by 4% to the $0.091 level.

Cryptocurrencies with smaller market caps also showed excellent progress with ZEC leading the way on the back of a 7% rise to the $87 mark. LINK recovered some of its recent drops with an increase of 3% to the $1.13 level, whilst Ethereum Classic (ETC) continued posting good gains with a 4% rise to the $8.56 mark. However, by far the biggest gainer of the past 24 hours was MITH, which rose by an astonishing 31% to the $0.066 level. BTT and TRON also posted considerable gains of 8% and 6% respectively.

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