April 17, 2021

Cryptocurrency is marking time below $ 50,000 per bitcoin

Major cryptocurrencies continue to show rather vague dynamics on Thursday after bitcoin was able to renew its weekly high.

At the same time, the news background for the market is predominantlypositive. For example, it became known that the payment company PayPal will acquire the Curv custodian service for storing cryptocurrencies. The deal will amount to $ 500 million. PayPal has shown interest in the startup after the BitGo purchase fell through late last year. In addition, Amazon has added Ethereum to its Amazon Managed Blockchain platform.

Against the background of this news, the bitcoin rate per day, according toaccording to Forex Club, grew by 0.3% - to 49296 dollars with a capitalization of 918.3 billion dollars. Ethereum has risen in price by 1% - to $ 1,554 with a capitalization of $ 177.6 billion. XRP rose in price by 0.3% - to $ 0.4434, its capitalization amounted to $ 20.1 billion. Litecoin weakened by 1.8% - to $ 186.5 with a capitalization of $ 12.4 billion.

The total cryptocurrency market capitalization reached $ 1.5 trillion.

You can expect cryptocurrency to come soonwill continue to feel insecure. The $ 50,000 level will remain an important frontier for Bitcoin, Ethereum is unlikely to rise above $ 1,600, XRP will remain below $ 0.45, and Litecoin will move around $ 180.

Forex Club analytical group - partner of Alfa-Forex in Russia