Forecast: Bitcoin keeps stable, other crypto-currencies climb

Forecast: Bitcoin keeps stable, other crypto-currencies climb At present 1 349 crypto-currencies are circulating
Finance
December 13, 2017 16:16
Forecast: Bitcoin keeps stable, other crypto-currencies climb

Baku. 13 December. REPORT.AZ/ Capitalization of global crypto-currency market exceeded $ 500 bln reaching a new record.

Report informs citing the Coinmarketcap.com, the reason for this is the fact that today price of small capitalized crypto-currencies increased. Notably, Bitcoin futures lost their volatility after starting circulation on Chicago stock market on December 10 and stabilized in the range of $ 16,000 -18,000. For this reason, speculative transactions splashed to other crypto-currencies.

Yesterday, Litecoin increased by up to 80% and today Ripple increased by about 75%. Also, Etherium, which has the second largest capitalization, has risen by 27%.

Analytical Group of Report predicted that Bitcoin will stay stable in the next 1-2 months, and other crypto-currencies will soar.

Notably, at present 1 349 crypto-currencies are circulating on 7 368 digital currency exchange.

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