Cryptocurrencies are still in the red

February 6, 2019

The major  digital currencies are going on their decline, the rate of Bitcoin has been going down in price for more than 400 days in a range within the framework of a strong downtrend has taken shape on the financial market. At 10.30, the bitcoin rate per day fell by 1.26% to $ 3,378 with a overall capitalization of $ 59.9 billion.

Meantime, the positive data for it was the message that the cryptocurrency exchange Coinbase added bitcoin support in its wallet application. Ethereum by this time has fallen in price by 3.4% - up to 102.4 dollars, its capitalization amounted to 10.9 billion dollars. Litecoin declined in the price of 3.85% during the day and dropped to 32.5 dollars with a market capitalization of 1.9 billion dollars. XRP fell by 3.57% - to $ 0.29, its capitalization reached $ 12 billion.

The total digital market capitalization reached $ 111.6 billion. According to forecasts of financial scouts, the decline in the rates of the dominant digital currencies will continue. Bitcoin can possibly go down in price to $ 3,300, Ethereum - to $ 100, Litecoin decline in price to $ 31, and XRP - to $ 0.27–0.28.

Cryptocurrency: Bitcoin

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