Business 28 March 2019Gerald Fenech
Crypto market daily report – March 28, 2019
The cryptocurrency markets remained relatively stable over the past 24 hours with most coins making slight gains or remaining in their latest price range. Bitcoin Core (BTC) was stable at around $4,022 on Thursday at press time. Ethereum (ETH) was also consolidating at around the $138 mark but appeared to be well supported at this level.
Of the currencies with larger market cap, it appears that EOS was the one which was advancing most and was trading at around the $4.23 level at press time on Thursday—an increase of around 5%. Cardano (ADA) also maintained its spike from this week and settled at the $0.066 level, whilst Ripple (XRP) was once again disappointing and traded at just over the $0.305 mark at press time on Thursday. This currency seems to be stuck at this level or just slightly above it with very little movement either way and it appears that it has now found its price level. Litecoin (LTC) was up and over the $60 level on the back of a minimal 1% increase, whilst BCHABC was also up by around 2% to the $168 mark.
Other currencies with smaller market caps seemed to be holding their own against selling pressure, with Stellar Lumens (XLM) consolidating at around the $0.106 level and NEO also well supported above the $9.20 mark. Bitcoin SV (BSV) was stable at the $64.30 mark, whilst some other coins showed a spectacular price increase with NULS leading the way on the back of a 12% increase to the $0.73 mark. FET was also up by a similar 11%, whilst DASH continued its positive streak of late and was trading at the $93 level at press time or an increase of 3.5%. XMR, QTUM, ZIL, ONG and WAVES remained relatively stable with minimal increases, whilst HOT, BAT and LINK performed rather better with increases of 7%, 9% and 6% respectively.
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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