Ripple falls even as Japan cuts crypto trading taxes

Ripple was mixed today even after more companies announced their entry into the blockchain development sector. 

Crypto demand fell on Friday as interest shifted to global stocks, such as the US, amid optimism on US-China trade. 

Apple recently sent a memo to the SEC detailing a study in the use of blockchains in its technological activities. 

Japanese authorities also announced today a plan to cut taxes on crypto trading to lessen pressures on the struggling business. 

As of 21:40 GMT, Ripple fell 1.3% to $0.29, with an intraday low at $0.29, with market value falling below $30 billion. 

Bitcoin steadied at $3959, with an intraday high at $3,644.6, and a low at $3,570.4, with market value steadying at $63 billion.