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.

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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