Cryptocurrency has fallen by more than 11% because of the criticism Libra

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The main cryptocurrency in the morning on Wednesday, continuing their decline after the U.S. Senate has criticized Facebook because of the issue of cryptocurrencies. However, top management of the company, Ripple has supported the position of the U.S. government on regulation of digital assets.
Amid criticism Libra us Senate bitcoin exchange rate at 8.00 per day, according Libertex, fell by 12.15%, falling below 10 thousand dollars and making 9495 dollars in capitalization 169,4 billion.
Ethereum by this time decreased by 11.74% – to 199.9 dollar with a market capitalization of 21.4 billion dollars. XRP fell by 4.17% to 0,299 dollar, its market capitalization amounted to 12.7 billion dollars. Litecoin per day dramatically weakened by 11.94 % to 79.6 per us dollar in the capitalization of 4.9 billion.
The total capitalization of the stock market has reached 256,1 billion. However, some positive for the market was the news that the operator of the cryptocurrency exchange Bitpoint Japan Co. announced the discovery of the stolen digital currency in the amount of 2.3 million dollars.
According to financial scouts, the stock market in the short term will remain under pressure from critics of Libra by the US authorities. Bitcoin may go down to 9200 dollars, Ethereum, up to 190 dollars, XRP – to 0.28 USD and Litecoin – to 77 dollars.
Eugene Turchin,
Financial scout,
Forex Club