Business

Gerald Fenech

Crypto market daily report – March 13, 2019

The cryptocurrency markets showed a slight recovery on Wednesday with most coins in the green and showing positive movement. Bitcoin Core (BTC) was up by around 1% to the $3,870 mark although turnover was quite low compared to previous days. But the real star of the show was once again Binance Coin (BNB), which demonstrated an impressive 7% rise to the $15.25 mark—another high for 2019. There seems to be little explanation for this constant rise for the coin but it could be due to the constant new listings which are having a considerable effect on the variety of Binance crypto exchange’s offerings.

Ethereum (ETH) was stable at around $132 and this second largest market cap currency seems to be going the way of Ripple (XRP) which is consistently stuck at the $0.31 level with very little movement either way. EOS was up by around 3% to the $3.60 level, whilst Litecoin (LTC) also began another charge forward towards the $60 mark with a 4% rise over the $56 level. Stellar Lumens (XLM) was another coin which showed a good movement upward and consolidated its price at over the $0.10 level.

Other coins with smaller market caps showed some movement although not all was positive. Bitcoin SV (BSV) remained stable at the $65 level, whilst ONG showed an impressive 11% gain. NEO was up by 3% to the $8.87 mark, whilst Ethereum Classic (ETC) was up by 2% to the $4.25 mark. WAVES was up by 5.7% to the $2.75 level, whilst NULS registered an impressive 11% increase to the $0.53 mark. Bitcoin Cash (BCHABC) demonstrated a 1% increase to the $128 level, whilst ICX also saw an impressive increase of 7% to the $0.34 mark. Cardano (ADA) continued building on its recent rises and was up by around3% to the $0.047 level, whilst TRON and BTT went the same way with a 2% increase.

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