Business

Gerald Fenech

Crypto market daily report – June 26, 2019

The cryptocurrency market continued to show positive signs over the past 24 hours. SegWitCoin (BTC) was up by over 11% to the $12,500 mark at press time on Wednesday, another yearly high with strong support at this level. Ethereum (ETH) was also a positive mover, and was up by around 5% to the 333% mark with more momentum in the pipeline.

Bitcoin SV (BSV) enjoyed some positive movement, rising by around 2% to over the $240 mark. Another considerable mover was NEO, which shot up by no less than 10% to the $19.60 level and appeared poised to break through the $20 level sooner rather than later. Ripple (XRP) was static at around the $0.47 mark, whilst Litecoin (LTC) remained stable at the $135 mark. The latter two cryptocurrencies have certainly not benefited in any way from the recent boom, although the latter saw a good increase over the past month.

BCHABC was also up although only by around 1% to the $490 mark and appeared to be making a charge towards the $500 level. Stellar Lumens (XLM) was in negative territory and was down by around 1% to the $0.127 level, whilst IOTA was up considerably by around 4% to the $0.47 mark. EOS was down by a minimal percentage to the $7.22 mark.

Cryptocurrencies with smaller market caps saw some mixed fortunes however most were in the green over the past 24 hours. QTUM was perhaps the top performer with an astonishing 30% rise to the $5.54 level, whilst ONT was also positive on the back of an 8% increase. ALGO was up by around 30% to the $1.74 level, whilst BNB also experienced a positive move forward by around 2% to the $37.40 mark. Negative movers included MATIC and XMR which were down by 6 and 9% 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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