Crypto market daily report – June 14, 2019
After posting considerable gains on Thursday, the cryptocurrency markets retreated slightly Friday. SegWitCoin BTC was up by around 2% to the $8,200 mark. Ethereum (ETH) retreated slightly by around 1.5% from its gains on Thursday and was trading at around $254 at press time after having reached the $260 mark during the last 24 hours.
Bitcoin SV (BSV) posted an impressive 10% increase and reached the $210 level over the past 48 hours before dropping to $205—still a rise of 7%, making it the best performing currency over the past 24 hours.
Other cryptocurrencies with larger market caps demonstrate mixed fortunes. Litecoin (LTC) continued to decline and fell below the $130 level at press time or a 5% decline to trade at around $128. Ripple (XRP) was also disappointingly stagnant and declined by around 1% to just below the $0.40 level and was trading at around $0.3975 on Friday.
EOS was down by a similar 1.5% to the $6.40 level, whilst BCHABC was the only other coin which seemed to buck the trend and was up by around 2% to the $408 level after having reached the $418 mark on Thursday. Cardano (ADA) was down by 3% to the $0.0898 level, whilst NEO was minutely up by around 1.5% to the $13.04 level. Stellar Lumens (XLM) was correspondently down by around 2% to the $0.124 level. IOTA remained stable at the $0.432 level.
Cryptocurrencies with smaller market caps exhibited mixed fortunes but the star performer of the past 24 hours was undoubtedly LINK which rose by an astonishing 65% to the $1.80 mark over Thursday before dropping to the $1.60 level at press time on Friday. Binance Coin (BNB) exhibited a steep decline to the $33.30 mark or a drop of 6% after it had risen to just under the $36 mark on Thursday. Most other coins such as BTT, TROn and ATOM were also in decline.
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.