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Price predictions

Cryptomarket rising on JP Morgan positive


18 Feb 2019   #Bitcoin

Cryptomarket is actively growing on the positive from the possible launch of JP Morgan cryptocurrency


The main cryptocurrencies are showing quite active growth, continuing to regain a positive from the news that the American investment giant JP Morgan Chase plans to launch its own cryptocurrency.

On this news background, the bitcoin rate at 11.00 per day increased in price by 3.14% - to $ 3,697 with a capitalization of $ 65.8 billion. Ethereum jumped 7.66% to $ 135.7, its capitalization reached $ 14.4 billion. Meanwile, an additional positive for this cryptocurrency was the statement by Vitalik Buterin, co-founder of Ethereum, that he does not see a serious security threat in the code vulnerability that was previously detected on the Constantinople network.

The price of XRP token per day increased by 2.59% - to $ 0.309, its capitalization reached $ 12.8 billion. Litecoin has risen to the top, adding 3.2% and rising to $ 43.7 with a capitalization of $ 2.7 billion. The overall  digital currencies capitalization reached $ 126 billion.

According to financial scouts, the growth of the crypto market may continue, although in a more distant future it will likely return to a fall within the framework of a strong downtrend formed on the market. Bitcoin may grow to $ 3,700 in the nearest future, Ethereum up to $ 140, XRP up to 0.32-0.33 dollars, and Litecoin up to $ 45.

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