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Crypto grows on interest from USA pension funds

13 Feb 2019   #Ethereum

Cryptocurrencies could grow against the background of interest to them from pension funds from the USA

The main cryptocurrencies were able to grow slightly in price against the background of the message that two large pension funds from the United States invested in cryptocurrency, buying digital assets worth $ 40 million. At the same time, trading volumes on the crypto market are low, in recent days they have fallen to the level of 2017.

Bitcoin rate per day strengthened by 0.44% - to $ 3,589.15, with a capitalization of $ 64 billion. Ethereum by this time increased in price by 2.61% - to 122.4 dollars with a capitalization of 13 billion dollars. The growth of this cryptocurrency is observed, despite the fact that in the update code Constantinople discovered a new vulnerability two weeks before the intended hard forks.

XRP for the day strengthened by 2.28% - to $ 0.307, its capitalization reached 12.7 billion dollars. Litecoin by this time has risen in price by 0.92% - to 43.3 dollars with a capitalization of 2.6 billion dollars. The total capitalization of the crypto market has reached $ 121.9 billion.

Despite a temporarily positive situation, financial scouts believe that altcoins will soon return to decline. Bitcoin can fall in price to 3450-3500 dollars, Ethereum - up to 120-121 dollars, XRP - up to 0.29 dollars, and Litecoin - up to 42.5-43 dollars.

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