The most popular cryptocurrencies do not show a single dynamic on Tuesday. According to the crypto trading platform StormGain, Bitcoin and XRP look better than others, their quotes are in the positive area. Support for the XRP was shown by the statements of the Bloomberg strategist, who believes that Ripple can successfully transform the cross-border payment space. At the same time, the expert is concerned that the influence of Ripple on XRP and the unstable cryptocurrency market may become an obstacle for the coin.
The main positive news comes from Telegram who is still going to issue its own digital currency Gram, despite the fact that an American court forbade them to do it.
It is likely that in the near future, after a short period of multidirectional dynamics, the cryptocurrency market will again decline.
In this scenario, Bitcoin could drop in price down to $7,500, Bitcoin Cash - down to $230, Ethereum - down to $190, XRP - down to $190, and Litecoin - down to $40.