Cryptocurrencies grow on ETF perpectives

February 11, 2019

Cryptocurrencies are growing on perpectives of the approval of Bitcoin-ETF in the US


The rates of the main cryptocurrencies on Monday for the most part are rising against the background of statements by a representative of the US Securities and Exchange Commission (SEC) that Bitcoin-ETF will be launched sooner or later. According to him, the application for the launch of the fund will be approved as soon as it begins to meet all the standards established by US securities legislation.

Against the background of such statements, the bitcoin rate at 11.00 grew by 0.22% per day to $ 3,594.3 with a capitalization of $ 64.1 billion. Ethereum by this time went up by 2.85% - to 119.3 dollars, its capitalization amounted to 12.6 billion dollars. XRP per day increased in price by 0.66% - to $ 0.305, its capitalization reached 12.5 billion dollars. The Litecoin rate increased by 1.81% to $ 44.1, with a capitalization of $ 2.7 billion amid possible addition of confidential transactions based on the Mimblewimble protocol.

The total capitalization of the crypto market has reached $ 121.2 billion. According to financial scouts, the statements of SEC representatives will support cryptocurrency in the near future, although in the future the market may return to a downward movement. The Bitcoin rate may soon grow to $ 3,600, Ethereum up to $ 120, XRP up to $ 0.31, and Litecoin up to $ 45.

Cryptocurrency: Bitcoin

Bitcoin has grown by 31.3% in the last 30 days
Bitcoin has grown by 31.3% in the last 30 days

Cryptocurrency assets ended last week with multidirectional trading. Bitcoin rose to the rate of 5280 dollars. Bitcoin rose close to $ 5,300, but has returned back, not able to...

Cryptocurrencies grow on Binance Chain launch
Cryptocurrencies grow on Binance Chain launch

The major virtual currencies on Monday are moderately going up on the reports that the world's largest digital trading platform Binance has launched its blockchain platform...

Bitcoin holds positions above $5000
Bitcoin holds positions above $5000

The cryptocurrency market continued to strengthen on Thursday. Bitcoin reached a key resistance of $ 5,300, Ethereum rose by almost 5% to $ 175, and the XRP price reached $ 0.3375.

Coinbase expanded its geography
Coinbase expanded its geography

Positive news for the cryptocurrency market was the message that the Coinbase digital trading platform expanded the geography of its presence in Latin America...


Bitcoin can subside significantly
Bitcoin can subside significantly

in the next 10 days, the first cryptocurrency could subside significantly. The rollback after the 'evening star doji' can completely offset all previous weekly growth...

User interest in Bitcoin increased
User interest in Bitcoin increased

According to Google Trends, user interest in Bitcoin increased after a recent price rally. The number of relevant search queries with the word Bitcoin almost tripled, when the rate of the main...

Bitcoin holds above $5000
Bitcoin holds above $5000

Major cryptocurrencies on Monday are rising in price amid reports that in France, insurance companies have been allowed to invest in digital assets. The national assembly of the country...

Cryptomarket crawls down as part of correction
Cryptomarket crawls down as part of correction

The main cryptocurrencies on Friday continue to gradually slide down as part of the correction that has seized the market. Bitcoin rate decreased in price by 0.83%...