Ripple continues to rise amid pressure on cryptocurrencies

2019-03-13 22:53:07 GMT (

The Ripple rose during the day as the pressure on the cryptocurrency market continued, due to negative statements.


The chairman of the US Securities and Exchange Commission said yesterday that "Ethereum" and other cryptocurrencies do not fall under securities or assets.


This is similar to the statements of the famous American investor Warren Buffett, who described Bitcoin and its sisters as a "bubble" and a fraud.


Investors turned to equity and metal markets today amid optimism about the US-China trade negotiations.


Meanwhile, Barclays' analyst Ross Chandler, said "The cryptocurrency that Facebook is planning to launch will generate revenue of about $ 19 billion by 2021," .


As of 20:09 GMT, The Ripple rose by 1% to $0.31, with a high of $0.33 and a low of $0.31.

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