Cryptocurrencies grow on ETF perpectives

11 February, 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.

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