Crypto prices generally rise

Posted 07 June, 2018

In the second half of the week, the price for the main digital coins has generally gone up driven by the better mood of investors.

On the Bitfinex, the major cryptocurrency, bitcoin, increased to some $7,711.9, coming closer to $7,748.90 recorded during the yesterday's session. 

As for other leading currencies, they showed mixed changes. Specifically, Ethereum on the Bitfinex dropped in price to some $608.21. At the same time, Ripple price rose to 0.68294 and Litecoin reached 121.80.

According to the news reports, Jamie Dimon, JP Morgan Chase CEO, warned investors saying that they should be careful with digital assets.

"I don't want to be a bitcoin spokesman," reported CNBC citing Dimon, "Just beware”.

In addition, it should be also mentioned that there are rumours that the investment holding Fidelity intends to set up its own crypto exchange. These rumours appeared after the company posted job openings for crypto and blockchain projects, in particular, DevOps specialist. It would be good news for the market if such a large company appears in the crypto market and can help to ease the access to investments in this sector.

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