Bitcoin will soon go down to 3 $ 300

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Rates of major cryptocurrency are declining, bitcoin price continues to fall after reports that the SEC is going to examine the data of the block chain’s biggest digital assets.
At 11.00 the exchange rate of bitcoin per day fell by 0.26% to $ 3415 with a market capitalization of 60.6 billion dollars. Ethereum has fallen in price on 0,75% – 105.8 USD, its market capitalization reached the level of 11.3 billion dollars. The reason for pessimism of investors gave a message that the Ethereum team has decided to postpone the introduction of the code updates ProgPoW to conduct additional audits.
XRP per day has fallen in price on 3,23% – to 0.3 per dollar, its market capitalization amounted to 12.4 billion dollars. The rate of Litecoin has declined by 1.19% to 33.1 dollar with a market capitalization of $ 2 billion.
The total capitalization of the stock market has reached to 113.6 billion.
According to financial scouts, the stock market continues to move within descending trend. Bitcoin could soon be cheaper to the level of 3300 dollars, Ethereum – $ 100, XRP – to 0.28-0.29 dollar and Litecoin – to 32.5 dollars.
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Ivan Marchena,
Analyst
GK Forex Club