Cryptomarket rushes down after short-term growth

February 12, 2019   XRP

The main cryptocurrencies stabilized and some of them went down after a fairly active growth, following the statements of the representative of the Securities and Market Commission (SEC) of the USA that Bitcoin-ETF will be launched sooner or later. In his opinion, the developers of the fund need only to ensure that cryptocurrencies comply with the requirements of the legislation on US securities.

At 11.00 Bitcoin fell by 0.22% - up to $ 3,578 with a capitalization of $ 63.7 billion. Ethereum by this time grew in price by 0.33% - to 119.7 dollars with a capitalization of 12.7 billion dollars. Ethereum looks slightly better than other cryptocurrencies in anticipation of hard forks, scheduled for February 27.

The rate of XRP for the day decreased by 0.66% - to $ 0.301, its capitalization amounted to 12.4 billion dollars. Litecoin fell by 0.92% - to $ 42.9, its capitalization reached $ 2.6 billion. The total capitalization of the crypto market was $ 120.6 billion.

Financial scouts believe that after a fairly sharp jump to the top, the crypt markets will continue their downward movement. Bitcoin can drop to $ 3,500, Ethereum can go down to $ 116-117, XRP - to $ 0.28-0.29, and Litecoin - to $ 41-42.

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