Cryptomarket is swept over by a wave of correction

February 25, 2019   Litecoin

The rates of the main cryptocurrencies dropped sharply as part of the correction to a fairly significant increase in the previous days. Against the backdrop of a large-scale decline in the price of digital assets, Binance has reported a record load on its infrastructure.

Bitcoin at 11.00 per day fell by 9.93% - up to $ 3,758 with a capitalization of $ 67.2 billion. At the same time, Coinbase said that it was preparing to add Bitcoin Cash support to the Coinbase Wallet. Ethereum by this time fell in price by 16.58% - to $ 136.2, its capitalization amounted to $ 14.6 billion. On February 27, there will be a hardfork Ethereum, which was previously postponed due to a vulnerability discovered in the code.

XRP for the day fell by 11.01% - up to $ 0.299 with a capitalization of $ 12.5 billion. Some support for this cryptocurrency was the message of the international currency exchange provider Mercury FX that it plans to open 10 new corridors in which the xRapid solution will be used. Thanks to this, Mercury will be able to use XRP.

Litecoin lost 16.12% and dropped to $ 43.7, its capitalization was $ 2.7 billion. The total capitalization of the crypto market has reached $ 128.6 billion.

According to financial scouts, the crypto market will continue to go down amid the urgent correction. Bitcoin can fall in price to $ 3,600, Ethereum - up to $ 130, XRP - up to $ 0.25–0.28, and Litecoin - up to $ 41– $ 42.

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