Ripple and Bitcoin leading the leap down of most Cryptocurrencies

Today being Monday, digital currencies fell broadly with Bitcoin and ripple leading the column. On Bitstamp exchange ripple traded about 12.6 percent lower and Coinmarketcap addressed its price about 30 percent lower but with my little observation it seems the site is excluding certain prices from the Korean exchanges.

According to Coinbase, lite co in fell about 8 percent while bit co in was off by 10.7 percent. Bitcoin futures also fell at about 11.7 percent at the Cboe which is trading at $14.810 in the morning with New York time.

If you observe well, ripple left counterparts just like bit co in which is the largest digital currency by market cap. Last year ripple skyrocketed 35,000 percent while bitcoin was 1,500 percent.
Et here um on the other hand climbed 2.4 percent to 1,100.52 this year.

Ripple counterparts many digital currencies because it has being working with large institutions, given it a slice and edge against others in legitimacy.

According to cryptocurrency enthusiasts, they say that centralization is the exact opposite of what the technology of the digital currencies should be about.
Erik Voorhees, CEO of digital asset exchange shape shift says "Ripple is surging so much because its a bubble, testing Crypto with banks doesn't make sense. The whole idea beyond Crypto is that you don't need banks".

Ripple is fast becoming one of the best Cryptos and a coin participants can trust for transaction just like Steem.