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Swarm Intelligence Set

Cryptocurrencies grow on the prospects

28 Feb 2019   #Bitcoin

The main cryptocurrencies are rising slightly in price for the news that the Swiss bank Julius Baer has started to cooperate with the cryptocurrency startup Seba. The bank will use its platform for services for the storage and transfer of digital assets.

On this news, the Bitcoin rate increased by 11.00 per day by 0.11% - up to 3803 dollars with a capitalization of 67.9 billion dollars. Ethereum increased in price by 0.15% - up to $ 135.2, its capitalization amounted to $ 14.4 billion.

The XRP rate symbolically grew by 0.06% per day to $ 0.31 with a capitalization of $ 12.9 billion after statements by the head of the Japanese financial group SBI Holdings that the company is going to develop a plan for integrating XRP into the payment corridors of several banks in the country to 2025 Litecoin went up by 0,22% - to 44.9 dollars, its capitalization amounted to 2.8 billion dollars. The total capitalization of the crypto market has reached $ 130.2 billion.

Financial scouts believe that the current market stabilization will be short-lived. In the short term, cryptocurrencies may grow a little more, but they will soon return to decline. Bitcoin can fall in price to $ 3,700, Ethereum - up to $ 130, XRP - up to $ 0.29, and Litecoin - up to $ 43.

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