The reasons for the increase in the price of Ripple

The reasons for the increase in the price of Ripple

For the past day almost all crypto-currencies show a positive trend.

After a volatile week, the bitcoin (BTC) grew to a level of $ 6.450, before the correction has begun and the price has dropped to $ 6,425. Thus, the increase over the past day amounted to about 1%.

After a terrible last week and not very successful beginning of the week the current Ethereum (ETH) restored and today the growth rate has reached 1.24% and the price is in the region of 210 USD.

Weekly growth is around 16 percent, but monthly is still negative – the decline is 29%.

Read also – the top Three Aldona according to Charlie Lee, Creator of Litecoin

Ripple (XRP), which occupies 3-e a place in rating CoinMarketCap shows a striking dynamics. The price of this cryptocurrency for the last day increased by 15.5% and amounted to 0.37 per U.S. dollar. The increase in the price of XRP started September 18, and after a couple days of consolidation, the price began to grow again.

Currently XRP is in first place by growth rates among the top 25 cryptocurrencies.

Such a sharp increase in rates due to a positive news background XRP. In the beginning of this week representatives of the Ripple, stated that the decision xRapid can be run “in a month or so”. And today it became known that the PNC, which is among the top ten U.S. banks, intends to use RippleNet for handling international payments for their customers.

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