Business 21 March 2019

Gerald Fenech

Crypto market daily report – March 21, 2019

The cryptocurrency markets remained on a relatively stable footing on Thursday morning at press time, although there were a few notable exceptions. Bitcoin Core (BTC) was constant at just over the $4,000 mark and seemed to be holding well at that level. Ethereum (ETH) was also up by around 1% and was close to the $139 mark, appearing to make a push towards the psychologically significant $140 price range where it could be in for another substantial increase.

Other coins with larger market caps also had relatively positive trading over the past 24 hours. Ripple (XRP) was minutely up to the $0.316 level having even gone over the $0.32 mark at one point on Wednesday afternoon, but the price did not hold and it slipped back once again. EOS was stable at the $3.70 mark, whilst Litecoin (LTC) once again started flirting with the $60 level having gained around 1.5% to trade at $59.80 at press time.

Cardano (ADA) was up by 3.6% to the $0.532 level and appears to have consolidated considerably at that mark as it was looking to begin attacking the $0.06 level—a price not seen in months. Stellar (XLM) was basically the only negative mover in the top 10 as it was down by 1.5% to just below the $0.11 level. NEO was up by 2.5% to the $9.28 mark, whilst IOTA rose a small 0.6% to the $0.296 level.

Bitcoin SV (BSV) was stable at the $66 price level, whilst BCHABC was slightly up to the $158 level. Of those currencies with smaller market caps, there was a huge jump on the part of ONT which rose by a massive 25% to the $1.36 level on the back of a considerable rise in turnover. Other coins which also saw considerable jumps included ONG, which was up by 6%; VET was up by 4.5% and Ethereum Classic (ETC) which saw a more modest 2.5% increase to the $4.71 level. WAVES, BAT and NULS were also up by around 2-3% overall.

Note: Tokens on the Bitcoin Core (SegWit) chain are referenced as BTC coins; tokens on the Bitcoin Cash ABC chain are referenced as BCH, BCH-ABC or BAB 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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