Crypto market daily report – June 14, 2019

After posting considerable gains on Thursday, the cryptocurrency markets retreated slightly Friday. SegWitCoin BTC was up by around 2% to the $8,200 mark. Ethereum (ETH) retreated slightly by around 1.5% from its gains on Thursday and was trading at around $254 at press time after having reached the $260 mark during the last 24 hours.

Bitcoin SV (BSV) posted an impressive 10% increase and reached the $210 level over the past 48 hours before dropping to $205—still a rise of 7%, making it the best performing currency over the past 24 hours.

Other cryptocurrencies with larger market caps demonstrate mixed fortunes. Litecoin (LTC) continued to decline and fell below the $130 level at press time or a 5% decline to trade at around $128. Ripple (XRP) was also disappointingly stagnant and declined by around 1% to just below the $0.40 level and was trading at around $0.3975 on Friday.

EOS was down by a similar 1.5% to the $6.40 level, whilst BCHABC was the only other coin which seemed to buck the trend and was up by around 2% to the $408 level after having reached the $418 mark on Thursday. Cardano (ADA) was down by 3% to the $0.0898 level, whilst NEO was minutely up by around 1.5% to the $13.04 level. Stellar Lumens (XLM) was correspondently down by around 2% to the $0.124 level. IOTA remained stable at the $0.432 level.

Cryptocurrencies with smaller market caps exhibited mixed fortunes but the star performer of the past 24 hours was undoubtedly LINK which rose by an astonishing 65% to the $1.80 mark over Thursday before dropping to the $1.60 level at press time on Friday. Binance Coin (BNB) exhibited a steep decline to the $33.30 mark or a drop of 6% after it had risen to just under the $36 mark on Thursday. Most other coins such as BTT, TROn and ATOM were also in decline.

Note: Tokens on the Bitcoin Core (SegWit) chain are referenced as SegWitCoin BTC coins; tokens on the Bitcoin Cash ABC chain are referenced as BCH, BCH-ABC or BAB coins. Altcoins, which value privacy,…

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