Business

Gerald Fenech

Crypto market daily report – June 20, 2019

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.

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.

COMMENT