Cryptocurrencies stabilized on positive news

February 14, 2019   XRP

Cryptomarket is relatively stable against the background of a number of positive news. For example, the American financial company Reality Shares has invented Bitcoin-ETF, which the US Securities and Markets Commission (SEC) will definitely approve. As planned by the company, the amount of money stored in cryptocurrencies within the framework of the fund will be 15%, and the rest of the funds will be stored in fiat currencies. In addition, the US stock exchange Nasdaq from February 25 will add to its trading platform indices, tracking prices of Bitcoin and Ethereum.

Against the background of this news, the bitcoin rate at 11.00 per day symbolically decreased by 0.08% - to $ 3,566 with a capitalization of $ 63.6 billion. Ethereum by this time has fallen in price by 0.74% - up to 120.6 dollars, its capitalization has reached the level of 12.8 billion dollars.

Additional support for XRP has the news that the payment system Western Union begins to work with Ripple. In addition, Barclays and Ripple have invested $ 1.7 million in launching remittances using XRP. The XRP rate remains stable at $ 0.302 with a capitalization of $ 12.5 billion. Litecoin per day grew by 0.25% to $ 40.7, its capitalization was $ 2.5 billion. The total market capitalization has reached a level of $ 120.6 billion.

According to financial scouts, despite a number of positive news, in the short term, cryptocurrency will continue to decline. Bitcoin can fall in price to $ 3,500, Ethereum - go below $ 120, XRP - below $ 0.3, and Litecoin - drop to $ 40.

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