The main cryptocurrencies on average rose 7% per day
For last days the bitcoin grew in price by 12%, thus having approached $10 000. A capitalization of the market directed to a mark of $500 billion.
The market of cryptocurrencies, at last, escaped from the red zone which grew hateful to all and began to increase former volumes. At the same time, good growth is shown by almost all coins from the first twenty, according to data of the CoinMarketCap resource. Bitcoin approached “psychological” level — $10 000, now “the principal cryptocurrency” is trading on a mark of $9 940. Ethereum, in turn, approaches a barrier, significant for itself which is at the level of $1000. Bitcoin Cash grew up to $1388 in price, but all these indices of growth grow dim before the leader of the last days — Litecoin grew almost by 30%, and its price was $226 for one LTC. Except for the general tendency to the growth of all market this cryptocurrency is pushed up also by news which concerns only this project, in particular, the start of two processing services.
At the end of February, the processing LitePay service which will become a very strong contender for the current leader of this sphere of BitPay will get to work. LitePay shall simplify strongly the procedure of payment by means of LTC in shops, restaurants and other places where it is necessary to realize payment and where earlier there was an opportunity to be calculated only fiatny money. Also, the manual of the company reports about the fast start of other processing LitePal service which will cooperate with PayPal and Western Union. We will remind, recently it became known that LitePal successfully underwent the procedure of registration and obtained the license for operation from the Australian Securities Commission.
More rapid growth of rather average market index shows also Ripple. It was promoted by the also positive news from this company — representatives of Ripple declared partnership with Western Union who will launch in operation xRapid blockchain system for payment.
Many representatives of crypto community hope that the market headed for resetting to a steady bull trend, on February 16 in the Asian countries there will pass the Chinese New year, and Asian players will begin to bring means to cryptocurrencies again. However, some analysts are very skeptic, among them Lew Klaasen who believes that the market in the short term will mark time consists. However, Klaasen will specify that the long-term outlook for bitcoin seems to him extremely iridescent — it reads that by the end of 2018 the bitcoin can reach a point in $40 000.