Cryptomarket will continue to grow on positive news

February 19, 2019   Bitcoin

The digital currencies market continues its active growth, which is fueled by a range of news positive for the industry. For instance the Japanese corporation Rakuten will add cryptocurrency to its application in the spring of this year.

At 11.00, the Bitcoin rate per day increased immediately by 4.66% - to $ 3881 with an overall market cap  of $ 69.1 billion. Additional support for this digital coin was the message that the Chinese mining company Bitmain created a new generation of chips for the extraction of Bitcoin and Bitcoin Cash.

Ethereum for the day rose in price by 4.57% - up to $ 146.7 with a capitalization of 15.6 billion dollars. Positive for this altcoin has become the news that the developers proposed a new scaling technology that can significantly optimize the effectiveness of the Ethereum network. In addition, as early as next week, February 27, the hard forks of Constantinople are planned, which should be quite important update on the Ethereum network.

XRP strengthened by 11.00 to 6.06% - to 0.33 dollars, its capitalization amounted to 13.5 billion dollars. Litecoin grew by 4.22% to $ 47.4 with a market cap of 2.9 billion dollars. The total capitalization of the crypto market has reached 133.7 billion dollars.

As financial scouts believe, despite a strong downtrend on the market, cryptocurrencies still have chances to grow in the nearest time to come. Bitcoin can go up to $ 4,000, Ethereum - up to $ 155, XRP - up to $ 0.35, and Litecoin - up to $ 50.

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