The exchange rate of bitcoin and crypto-currencies retreat after the recent statement by SEC

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The main crypto-currencies have stabilized, and some of them went down after active growth, following the remarks of the representative of the Commission on securities and markets (SEC), States that the bitcoin ETF will be launched sooner or later. In his opinion, the developers Fund it is only necessary to ensure that cryptocurrencies in compliance with the securities laws of the United States.
At 11.00 bitcoin has fallen in price on 0,22% – to 3578 dollars with a market capitalization of 63.7 billion. Ethereum by this time have grown in value by 0.33% – to 119.7 dollar in the capitalization of 12.7 billion dollars. Ethereum looks a bit better than other cryptocurrencies waiting for hard forks, scheduled for February 27.
The rate of XRP per day has decreased on 0,66% – to had 0.301 dollar, its market capitalization amounted to 12.4 billion dollars. Litecoin fell by 0.92% to 42.9 per dollar, its market capitalization has reached $ 2.6 billion.
The total capitalization of the stock market has made 120,6 billion dollars.
Financial scouts believe that after a rather sharp rise up the stock market will continue its downward movement. Bitcoins could drop down to $ 3,500, Ethereum – go down to 116-117 dollars, XRP – to 0.28-0.29 dollar and Litecoin – to 41-42 dollars.
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Ivan Marchena,
Analyst
GK Forex Club