The most popular cryptocurrencies are actively growing in value on Tuesday.

The most popular cryptocurrencies are actively growing in value on Tuesday.

By Stormgain | Stormgain | 18 Aug 2020


According to the StormGain cryptocurrency trading platform, only Ethereum quotes were in the negative area, while growth of up to 8% is recorded for other instruments. And the main cryptocurrency - Bitcoin - has renewed its maximum since 2019, rising above the psychological mark of $ 12,000.
The positive dynamics in the market is observed after the US Department of Justice seized a record amount - more than $ 1 million - in Bitcoin and Ethereum and blocked the websites of extremist organizations, stopping funding for the operations of Al-Qaeda and the Hamas group.
Another important news for the market was the fact that the developers presented a fix for a bug that caused a large-scale failure in the Ethereum 2.0 testnet.
And the cryptocurrency investment company Grayscale Investment is going to soon begin public circulation of shares of its trusts based on the Bitcoin Cash and Litecoin cryptocurrencies.
It is possible that a significant rise in quotations of the most popular cryptocurrencies will continue to be observed - at least in the coming days. In such a positive scenario, Bitcoin may approach the $12,500 mark, Ethereum - to the $435 level, Bitcoin Cash - to $323, XRP - to grow to $0.32, and Litecoin - to $63.

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Stormgain

StormGain is a crypto trading platform for everyone. It’s a convenient solution for those who want to profit from either the growth or decline of the cryptocurrency market and from long-term investments in crypto assets.


Stormgain
Stormgain

StormGain is a crypto trading platform for everyone.

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