Crypto market daily report – June 21, 2019

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The forward charge for cryptocurrency markets continued Friday morning with most of the major coins up by considerable margins at press time. SegWitCoin (BTC) was trading at around $9,700, a rise of just over 4%. Ethereum (ETH) was also up by a considerable 5% at press time, sailing over the $280 mark. Both currencies appeared to be making a beeline for the psychologically significant targets of $10,000 and $300 respectively.

Bitcoin SV (BSV) was also up to the $224 mark, a more conservative rise of 2%, but appeared to be quite well supported at that level. Cryptocurrencies with larger market caps continued to perform well with Litecoin (LTC) and Ripple (XRP) up by around 1% each to levels of $136 and $0.435 respectively.

EOS was up by 2% to the $6.95 level and appeared well poised to charge over the $7 mark at any time. Cardano (ADA) was slightly up by around 0.5% to the $0.09 mark, whilst NEO was once again back in positive territory on the back of a 1% rise to the $13.70 level. Stellar (XLM) was the only currency from the Top 10 which showed some retracement and continued declining in price by around 1% to the $0.1228 level. IOTA was also slightly down by a similar amount to the $0.42 mark.

Currencies with smaller market caps performed mixed with Monero (XMR) jumping by around 7% to the $107 mark, whilst ZEC was back in positive territory on the back of a 3% rise to the $111 mark. Ethereum Classic (ETC) was up by 1% to the $8.55 mark, whilst some coins experienced considerable drops including FTM, ZIL and MITH which were down by 6 and 14% respectively. ICX and TFUEL also suffered similar drops of around 6% with DASH rising by 1% to just over the $162 mark.

BCHABC was up by around 2% to the $422 mark, although this was still well away from the yearly high of around $480 achieved a month ago.

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