The most popular cryptocurrencies are quite actively growing in price on Thursday. According to the crypto trading platform StormGain, they gained in the range of 2-6%. The news that financial companies in China, including the largest banks, are going to introduce applications based on blockchain technology brought positive effect for the market.
Another reason for optimism was the news that in Venezuela farmers began to receive loans in the national cryptocurrency el petro.
At the same time, the conflict between the company Ripple and video hosting Youtube continues. Ripple Labs sues Google Youtube for failing to counter the fake XRP fraudulent giveaway that caused significant loss to Ripple, damaging its reputation among users.
Probably, in the near future, the most popular cryptocurrencies will be able to continue the emerging growth. In this case, Bitcoin may soon go up in price to $7,300, Bitcoin Cash - to strengthen up to $235, Ethereum - up to $185, XRP - up to $0.19, and Litecoin - up to $43.