- Hedera Hashgraph unfazed by current BTC crash
- Steem value elevated by 253% between Feb. 18 and 19
- Litecoin surged by 2% with a market cap of $2.48 billion
Cryptocurrency Information Right this moment – the current motion of the cryptocurrency market has been extremely risky. Issues haven’t been the identical because the coronavirus pandemic began making headlines. The digital forex ecosystem is much like the standard monetary markets in some ways. The one distinction between each choices is that the problem of regulation. With out regulation, the crypto area has many unhealthy actors who can maneuver issues to their favor.
Whereas this has been the case, we have now compiled the motion of three totally different tokens for this weekend’s highlights. They embody Hedera Hashgraph, Steem, and Litecoin. Hedera Hashgraph hasn’t been affected by Bitcoin’s crash. Whereas, whether or not intentional or not, the Steem group has witnessed controversy just lately, involving Tron’s Justin Solar however this hasn’t affected its value. In the meantime, Litecoin has managed a minor surge within the final 24-hours. Allow us to see how these cash bought to those positions under.
Hedera Hashgraph Wasn’t Affected by Bitcoin’s Crash
Though the majority of the digital belongings available in the market transfer in correlation with the value of BTC, there are a couple of that weren’t affected by BTC’s value crash. This coin is Hedera Hashgraph. In contrast to most altcoins available in the market, Hedera Hashgraph doesn’t appear affected by the newest crash that Bitcoin skilled. ‘With one HBAR token now price $0.031, the coin has finished properly for itself. It’s now the quantity 42 largest digital forex by market cap with an general market cap of $117 million. HBAR’s on-balance quantity stands at $1.5 billion. It has remained at this place because the center of February 2020. The 50-day and 100-day MA has been capable of comprise the value of HBAR for now.
Steem’s Controversy Didn’t Have an effect on its Worth, LTC Gained 2% on the day
Steem value additionally surged by 253% between the interval of February 18 and 19. Though it will definitely misplaced 90% of this value surge, Steem’s motion provided individuals a chance to make a revenue, for the quick time period at the least. At $0.14 for one Steem, it holds the quantity 60 place by market cap which stands at $65 million. RSI signifies that there will probably be a bounce from the coin’s oversold space into the traditional area.
The value of Litecoin, at press time, stood at $38 with an general market capitalization of $2.48 billion. Litecoin is reportedly witnessing a gradual bullish wave. Wanting on the each day chart, we are able to count on extra of this to come back. RSI for LTC/USD signifies a surge with a much bigger diploma of the slope when in comparison with the coin’s value which signifies a brief time period bullish motion for the token.
