Cryptocurrencies: the Decline of investor interest causes the market to decline

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Lower rates of major cryptocurrencies continues amid reports about the fall of interest in the stock market. Thus, the number of requests to Google about bitcoin since the beginning of the year decreased by 93%.
Bitcoin exchange rate of 11.00 per day decreased by 0.12% to 6537 $ if capitalization $112,1 billion Ethereum by this time has fallen in price on 0,39% – 204.5 dollars, its market capitalization has reached $20.8 billion XRP per day has fallen in price on 0,22% – to 0,461 dollar, its capitalization increased to $18.3 billion XRP Course supports several message stating that the income of Ripple from the sale of the cryptocurrency in the third quarter has doubled compared with the second quarter.
Litecoin by this time weakened 0.76% to 52.4 per dollar in the capitalization of $3 billion.
The total capitalization of the stock market reached $208.3 billion
However, the national cryptocurrency of Venezuela el petro c on 29 October will go on sale. Buy it could be anyone.
In addition, Ukraine has developed the concept of the state policy in the sphere of cryptocurrency. It is planned that legislative regulation of the stock market in the country will be introduced until 2021.
It can be expected that the main cryptocurrency in the near term will continue its downward movement: bitcoin can drop to 6500$, Ethereum – drop to 204 USD, XRP – cheaper to 0.45 per dollar and Litecoin is weakened to 51.5-52 dollars.
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Ivan Marchena,
Analyst
GK Forex Club