Cryptocurrencies are rising after massive fall

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The main crypto-currencies on Friday after a sharp drop the previous days turned to moderate growth. This happens, in particular, against the backdrop of reports that the largest telecommunications company in Austria, A1 will take digital assets as a means of payment in some retail outlets in the country.
On this news, the bitcoin exchange rate of 9.00 per day, according Libertex, increased by 1.39% to 10127 dollars in capitalization 181,5 billion. Ethereum by this time rose by 2.52% to 190.9 dollar with a market capitalization of 20.5 billion dollars. XRP per day has risen in price for 2,27% – to 0,2709 dollar, its market capitalization amounted to 11.6 billion dollars. Litecoin has appreciated by 0.93% to 73.4 per dollar with a market capitalization of $ 4.6 billion.
The total capitalization of the stock market reached the level 265,1 billion.
According to financial scouts, the market is overdue a correction, and soon cryptocurrencies have chances to continue growth. In this case, the bitcoin can rise to 10300 dollars, Ethereum – up to 195 USD, XRP – to 0.28 dollar and Litecoin – up to $ 75.
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Eugene Turchin,
Financial scout,
Forex Club