According to the cryptocurrency trading platform StormGain, the most popular cryptocurrencies fall in price within 3-4% on Thursday.
They demonstrate such negative dynamics along with other financial markets, frightened by another surge in the number of coronavirus infected in the world. At the same time, the cryptocurrency market did not pay attention to positive news. For example, the Central Bank of Sweden is exploring the potential of creating a national cryptocurrency. And Visa has applied for the launch of a digital currency. Using the method proposed by the company, the classic currency of any country in the world can be digitized.
It is likely that the most popular digital assets will continue to fall in price. In this case, Bitcoin risks breaking the psychological mark of $9,000 and weakening to $8,800, Bitcoin Cash - to $225, Ethereum - to $220, XRP - to $0.17, and Litecoin - to $38.