Business

Gerald Fenech

Crypto market daily report – May 1, 2019

The cryptocurrency markets experienced a small revival on Wednesday morning as most coins were up by respectable margins over a 24-hour period. Bitcoin Core (BTC) was up by around 3% to the $5,350 level, whilst Ethereum (ETH) also experienced a similar rise to the $161 mark on the back of a 3% increase. Other coins with larger market caps also experienced considerable increases, with BCHABC leading on the back of a 12% increase with the price rising to the $268 level. Litecoin (LTC) was also up by around 6% to the $74 level, whilst Ripple (XRP) was also considerably up by around 5% to the $0.305 level after having risen to the $0.31 mark.

Other coins in the Top 10 were also up, with EOS rising by around 4% and Cardano (ADA) also rising by a similar amount to the $0.069 mark where it could easily regain the $0.08 mark on the back of a bull run. NEO was also up by around 3% to the $9.70 level, whilst Stellar (XLM) continued to recover its recent slump where it rose by around 7% to the $0.1019 mark.

Bitcoin SV (BSV) was also on the up and recovered around 3% to the $54 level with renewed interest in the coin. After its recent bull run, IOTA had retreated slightly to the $0.29 level but recovered around 4% to the $0.30 mark.

Smaller market cap coins also experienced a considerable revival with Ethereum Classic (ETC) rising by a more conservative 4% to the $5.88 level whilst ONT, VET and CELR rose by a considerable 9% each. ONT regained the $1.10 level on the back of a 7% rise, whilst ATOM was also in positive territory with a 10% increase to the $4.16 level. Other coins such as BAT, WAVES and NANO were up by around 4% to 11% overall.

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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