The rate of bitcoin will exceed $ 7,000, pending the decision of the regulators

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The growth of the major crypto-currencies on Tuesday, amid continuing easing of the skepticism of financial regulators of different countries to digital assets.
According Libertex, bitcoin exchange rate increased to 12.30 per day by 3.34% to $ 6920 in the capitalization of $119,4 billion Ethereum by this time strengthened by 3.4% to 285,3 dollar, its market capitalization of $29 billion Ripple Rate rose for the day by 2.94% to 0.34 per dollar in the capitalization of $13.6 billion Litecoin by this time “gained” by 4.99% to 60.1 a dollar, its market capitalization was $3.5 billion Total capitalization of the stock market reached the level of $225,5 billion.
Good news for the stock market was the announcement that the Reserve Bank of India has formed a new division for the study of cryptocurrencies, blockchain technology and artificial intelligence. Earlier, the Central Bank of the country was very skeptical attitude towards digital currencies, and even imposed a ban on trading with them.
In addition, market participants expect that the Commission on securities and exchange Commission (SEC) may review a decision to refuse applications for the bitcoin ETF from companies Direxion, ProShares and GraniteShares.
It can be expected that against the backdrop of positive investor sentiment, the exchange rate of bitcoin for the day will exceed $ 7,000, the course Ethereum will rise to the level of $ 290, the Ripple will grow to 0.35 of the dollar and Litecoin will strengthen to 62 dollars.
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Ivan Marchena,
Analyst
GK Forex Club