Business

Gerald Fenech

Crypto market daily report – March 25, 2019

The cryptocurrency markets remained stable over the weekend with several of the major coins making only slight movements and largely holding their ground overall. The only real exception was Binance Coin (BNB), which rose by another astonishing 13% on Monday at press time. Bitcoin Core (BTC) was static at just under the $4,000 level, whilst Ethereum (ETH) dropped slightly and was trading at the $136 level at press time on Monday with very minimal movement.

Other coins with larger market caps also had a rather uneventful weekend with their prices keeping relatively stable. EOS was up by around 1% to the $3.63 mark, whilst Litecoin (LTC) settled at just under the $60 mark or an increase of around 0.7%. Cardano (ADA) lost some of the gains it made over the past few days and held its own at just over the $0.06 price level. Conversely, Ripple (XRP) continued losing ground and was once again perilously close to the $0.30 mark having dropped around 2% over the past 24 hours.

Smaller market cap coins saw mixed fortunes with BNB leading the pack on a 13% increase but there were other currencies which performed quite well, and these included ICX which was up by around 6% to the $0.34 level. BCHABC remained stable at around the $164 mark whilst Bitcoin SV (BSV) dipped below the $65 mark or a drop of 2%. IOTA was down by a similar amount to the $0.30 level, whilst Ethereum Classic (ETC) remained stable at the $4.78 mark.

Another coin which performed extremely well over the past 24 hours was ZRX, which rose by around 10% to the $0.295 level. Other smaller market cap coins were almost all down with HOT, QTUM and ONG registering drops of between 1 and 2%. NULS was down by 5% whilst IOST was down even more—by around 6% after its listing on Binance exchange.

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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