The price of bitcoin fell below $ 4,000 after the statements of the participants of G-20

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The main cryptocurrency after a short break again moved to the fall. A new reason for the declines were the plans of financial authorities of Japan to tighten control over ICO.
It is planned that all the organizers of the ICO since January will have to register with the financial services Agency of Japan (FSA) . In addition, the Agency plans to develop new laws governing the work of kryptomere and payment services in the country.
Also on the regulation of cryptocurrency was made at the summit “the big twenty” (G20). In particular during the summit mentioned the need for state regulation of the digital economy with the direct participation of the FATF – an organization that develops standards to combat money laundering.
Bitcoin exchange rate of 11.00 per day has fallen in price for 2,87% – to 4034 of the dollar in the capitalization of $69.9 billion. Ethereum by this time fell by 2.71% to 111.5 dollar, its market capitalization has reached $11.7 billion XRP weakened by 2.7% to 0.36 dollar with a market capitalization of $14.6 billion. the quotes a few XRP supports the news that the payment system Skrill added this crypto-currency on its platform. Litecoin per day has fallen in price on 3,04% – to 31.9 per dollar, its market capitalization has reached $1.9 billion.
The total capitalization of the stock market amounted to $130.6 signatures billion Likely in the near future cryptocurrencies will continue to go down amid the withdrawal from the market of means of large investors. Bitcoin can drop in price below $ 4,000, Ethereum – up to $ 100 XRP to fall to 0.33-0.34 per dollar, and Litecoin is $ 30.
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Ivan Marchena,
Analyst
GK Forex Club