April 25, 2024

NY Mellon News Pushes Cryptocurrencies To New Highs

Major cryptocurrencies are growing again on Friday, and Bitcoin set a new historical record, for a whileclimbing above $ 48,000 on news that NY Mellon, the oldest US bank, is entering the digital asset market.

A new department will be formed in this lending institution to help clients store, exchange and issue cryptocurrencies. It is planned to start work this year.

At the same time, the XRP rate was affected by the news thatOver the past week, co-founder and former technical director of Ripple Labs, Jed McCaleb, has withdrawn 140 million tokens from his wallet for 69 million dollars.

As a result, the bitcoin rate per day, according toForex Club increased by 6.3% to $ 47,500 with a capitalization of $ 883.8 billion. Ethereum rose 1.9% to $ 1,760 with a capitalization of $ 201.7 billion. XRP rose in price by 8.9% - to $ 0.5578, its capitalization amounted to $ 25.2 billion. Litecoin has strengthened by 1.6% - to $ 182.8 with a capitalization of $ 12.1 billion.

The total capitalization of the crypto market has reached $1.4 trillion.

The market is likely to continuewin back the news positive. It is possible that Bitcoin will soon reach the $ 50,000 mark, Ethereum has a chance of growth to $ 1,800, XRP - up to $ 0.6, and Litecoin - up to $ 185.

Analytical group Forex Club – partner of Alfa-Forex in Russia