The most popular cryptocurrencies are actively growing in price on Friday. According to the crypto trading platform StormGain, the growth rate exceeds 8-9%. An occasion for optimism was again given by China: testing of the national cryptocurrency begins. Clients of food networks like Starbucks and McDonald’s will be allowed to pay in digital yuan.
In addition, the good news for the market and for Ethereum in particular was the announcement that the Chinese court recognized ETH as a property of economic value.
It is likely that in the near future, the most popular digital assets will continue to demonstrate upward trend rates. In this scenario, Bitcoin could soon go up in price to $7,600, Bitcoin Cash - to $245, Ethereum - to $190, XRP - to $0.2, and Litecoin - to $45.
Popular cryptocurrencies raise in price because of China
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