The most popular cryptocurrencies cannot determine the direction of movement on Monday. According to the cryptocurrency trading platform StormGain, Bitcoin, Ethereum and XRP look better than others.
The reason for the confusion in the market is a huge stream of conflicting news: For example, the Financial Markets Supervision Authority in Switzerland (FINMA) gave permission to InCore bank to carry out cryptocurrency transactions. Also, the mining company Bitmain launches a new device for mining digital currencies. At the same time, the American investment giant JPMorgan Chase will pay $2.5 million in a lawsuit related to overpriced commissions and interest on transactions with cryptocurrencies. In addition, it was decided to postpone the Berlin hardfork of the Ethereum network, due to the need to finalize the update.
Probably, in the near future, the most popular cryptocurrencies will continue to move in different directions. In this scenario, Bitcoin will keep near the mark of $9,500, Bitcoin Cash - around $240, Ethereum - $230, XRP - $0.2, and Litecoin - $45.