Major Cryptocurrencies See Slight Gains, Palladium Hits $1,600 for The First Time

Crypto markets are seeing a tint of green, with just a few top coins in the red. Bitcoin is hovering over the $4,000 mark.

Tuesday, March 19 — cryptocurrency markets are mostly trading in the green zone, with Bitcoin (BTC) hovering above the $4,000 mark.

Market visualization from Coin360

Market visualization from Coin360

During the day, BTC has been trading in a narrow corridor between $4,031 and $4,082. At press time, the leading coin is trading at around $4,059, up around 0.62 percent on the day.

Today, major cryptocurrency exchange Binance announced that its new service “Binance Lite” will enable the exchange’s Australian customers to purchase Bitcoin with fiat currency from supported newsagents.

Bitcoin 7-day price chart. Source: CoinMarketCap

Bitcoin 7-day price chart. Source: CoinMarketCap

The second largest crypto by market capitalization, Ethereum (ETH), is trading at $139.88, having gained 0.19 percent on the day at press time. Today, the altcoin dipped to its lowest price point of the week at $139.15, following an intraweek high of $144.43 on March 16.

Ethereum 7-day price chart. Source: CoinMarketCap

Ethereum 7-day price chart. Source: CoinMarketCap

Ripple (XRP) is currently trading at $0.318, seeing slight growth in price during the day by 1.10 percent. The coin began the day at $0.314, while its highest price mark on the day was $0.319.

Ripple 7-day price chart. Source: CoinMarketCap

Ripple 7-day price chart. Source: CoinMarketCap

Stellar Lumens (XLM) — which was today added by major United States-based cryptocurrency exchange Coinbase —  is trading at around $0.1138 at press time. The altcoin has dropped by 1.79 percent on the day.

On the health scale recently introduced by CoinMarketCap, XLM is sitting at the 725 points at press time.

Stellar Lumens 7-day price chart. Source: CoinMarketCap

Stellar Lumens 7-day price chart. Source: CoinMarketCap

Binance Coin (BNB), the native token of major crypto exchange Binance, has lost around 0.70 percent over the past 24 hours, and is trading at $15.53 at press time.

Earlier today, Binance Launchpad, Binance’s token launch platform, completed a $4 million sale of Celer Network tokens (CELR). The tokens sale was completed in 17 minutes and 35 seconds, with all 597,014,925 CELR tokens sold in a single session.

The total market capitalization of all cryptocurrencies is currently around $140 billion, down by around $1 billion from its weekly high of $141.5 billion.

7-day total market capitalization chart. Source: CoinMarketCap

7-day total market capitalization chart. Source: CoinMarketCap

Today CNBC reported that palladium climbed over $1,600 for the first time, however at press time the asset is trading at around $1,597. Platinum reportedly rose by almost 3 percent, and is trading at around $852.9 at press time.

The Dow Jones Industrial Average reportedly closed lower for the first time in five days, exposed by declines in Apple, while investors are concerned about conflicting reports over the progress of United States-China trade negotiations.

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Author: Ana Alexandre


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