{"id":60766,"date":"2020-03-20T16:46:59","date_gmt":"2020-03-20T14:46:59","guid":{"rendered":"https:\/\/en.ethereumworldnews.com\/?p=60766"},"modified":"2020-05-27T02:32:18","modified_gmt":"2020-05-27T00:32:18","slug":"todays-double-digit-gainers-bitcoin-sv-bsv-iost-bitcoin-cash-bch-and-nexo","status":"publish","type":"post","link":"https:\/\/en.ethereumworldnews.com\/todays-double-digit-gainers-bitcoin-sv-bsv-iost-bitcoin-cash-bch-and-nexo\/","title":{"rendered":"Today’s Double Digit Gainers: Bitcoin SV (BSV), IOST, Bitcoin Cash (BCH) and NEXO"},"content":{"rendered":"
In brief:<\/strong><\/p>\n Briefly checking Coinmarketcap, one can see that the top 3 cryptocurrencies are in the green with impressive gains. Bitcoin (BTC), Ethereum (ETH) and XRP have experienced 24-hour gains of 14%, 13.76% and 9% respectively. However, the alt-coins of Bitcoin SV (BSV), Bitcoin Cash (BCH), IOST and Nexo (NEXO) have stolen the show with 24-hour gains of 31.99%, 23.17%, 22.17%, and 21% respectively.<\/p>\n Early yesterday, Ethereum World News correctly analyzed<\/a> the possibility of Bitcoin (BTC) zooming past the $5,500 support zone and providing much needed bullish excitement in the crypto markets. The past 2 weeks<\/a> of trading have been the proverbial nightmare as both the stock and crypto markets were adversely affected by the global economic effects of the Coronavirus<\/a>.<\/p>\n However, governments around the world have tabled various measures to ease the economic damage through stimulus packages<\/a> to businesses as well as individuals.\u00a0This positive news coupled with mainland China reporting no new cases of the Coronavirus have brought back much-needed confidence to both the stock and crypto markets. The DOW and S&P 500 are also experiencing 24-hour gains of 1.3% and 1.2% at the time of writing this.<\/p>\n However, both the markets and the global health situation is not out of the woods yet. Coronavirus cases have continued to increase in North America, Europe, Africa, and the Asia-Pacific region. Given that it took China close to 3 months for their daily infection rate to go to zero, it might be another nervous 1 – 3 months of trading and taking personal precautions against the virus.<\/p>\n\n
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Why All Cryptos are In the Green<\/h2>\n
The Next Few Weeks Will Be Crucial<\/h2>\n