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.

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