Crypto market daily report – June 20, 2019

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The cryptocurrency markets was in a rather stable mode on Thursday although SegWitCoin (BTC) continues its slow rise, this time hitting the $9,200 mark. The cryptocurrency was trading at around $9,280 at press time and appeared to be well supported at this level. Ethereum (ETH) was also in positive territory although the movement was much smaller with a miniscule 0.5% increase to the $269 price point.

Bitcoin SV (BSV) was also quite stable at the $224 mark after having increased by about 5% on Wednesday. Other cryptocurrencies with larger market caps also registered small increases with Ripple (XRP) regaining the $0.43 level or an increase of 0.2%, whilst Litecoin (LTC) was up by 1% to the $136 mark.

EOS was stable at the $6.84 level, whilst NEO appeared to drop into negative territory with a 2% decline to the $13.55 mark. Cardano (ADA) was also down to below the $0.09 mark after there was much talk that the launching of the coin’s mainnet would effectively double its price. Stellar (XLM) was also down by around 1.5% to the $0.123 level, whilst ZEC gave up some of its gains Wednesday with a drop of 5% to the $108 mark. IOTA was stable at the $0.43 mark with very little news on that front happening.

Currencies with smaller market caps had some slightly negative moves with ATOM down by around 4.5% to the $6.47 level, whilst XMR posted a 3% increase to the $102 mark. VET was down by 2.3%, whilst Etherem Classic (ETC) did not move much and was trading at around the $8.50 level at press time. Other currencies which exhibited some increases included ONE, TRON and MATIC although their gains were quite small. BCHABC was down by around 1% to the $414 level, whilst IOST, DASH and WAVES were all in positive territory.

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