Expert: the exchange Rate of bitcoin can grow up to 6 $ 500

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Cryptocurrency will continue the upward movement, and bitcoin can grow to $6.5 thousand on the news about the good prospects of the market of digital assets
Main cryptocurrencies are rising in price against the background of several good reports about the prospects of this market. At 11.00 the bitcoin exchange rate rose for the day by 0.79% to 6422 $ if capitalization $RB 110.7 billion Ethereum by this time has risen by 1.85% – up to 200,1 USD, its market capitalization has reached $20.5 billion XRP per day has increased in value by 2.17% to 0.46 dollar in the capitalization of $18.4 billion, the Rate of Litecoin has increased by 3.93% to 50.9 per dollar, its market capitalization of $2.9 billion.
The total capitalization of the stock market reached us $EUR 205.8 billion.
Good news for the stock market was the announcement that the American investigat Morgan Stanley recognized the cryptocurrency institutional asset class. As stated in the report of the Bank, hedge funds, large venture capital companies and private investors have already invested in digital assets of more than $7.1 billion in addition, the crypto currency exchange Coinbase, together with the investment company Wilshire Phoenix will create a cryptocurrency Fund for $500 million.
Another news for the market was the message that the financial regulator of Hong Kong has developed new rules for the regulation of cryptocurrencies in the country.
It can be expected that in contrast to these positive messages, the stock market will continue its upward movement. So, bitcoin can grow to $ 6500, Ethereum – up to 210 долларjd, XRP – to 0.47 dollar, and Litecoin to 51.5 dollar.
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Ivan Marchena,
Analyst
GK Forex Club