Since the beginning of the week, the main cryptocurrencies Bitcoin and Ethereum have been growing.

Bitcoin strengthened by 11.34% to the level of 14915.00. Ethereum grew more significantly, by 35.44%, and has broken the level of 1015.00 for the first time. Thus, the capitalization of Ethereum reached the level of 99.8 billion USD. The rapid increase of another cryptocurrency, Ripple, is worth mentioning. Its capitalization level reached 120 billion dollars, exceeding Ethereum and becoming second after Bitcoin (270 billion dollars).

Due to lack of key fundamental news to affect the market, so the growth is due to the speculative moods. Despite the continuous criticism by the different countries monetary authorities, the cryptocurrencies prices keep steadily growing.

Cryptocurrency Market Review

The material published on this page is produced by the Claws&Horns Company and should not be considered as the provision of investment advice for the purposes of Directive 2004/39/EC; furthermore it has not been prepared in accordance with legal requirements designed to promote the independence of investment research and is not subject to any prohibition on dealing ahead of the dissemination of investment research.

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