The reason for the rise in crypto money

There has been an increase in the overall crypto money in the last few days, mainly Ripple and Ethereum. The reason for this is the developments in the United States.

In the last quarter of 2017 and in the first month of 2018, crypto money has reached unbelievably high values, with a recession or even a fall in the next 3.5 months. Most investors thought that this was inherent in the crypto-currency world and that when we entered the summer months the market would revive. The last few days have seen a significant increase in popular crypto currencies, especially Ripple and Ethereum, if you have noticed. Behind these sudden fluctuations in the market is certainly a process or a discourse from a serious institution lies. There are some reports from the United States behind this increase in value lately.

POSITIVE NEWS FROM US

The Chicago Commodity Exchange's announcement of the increase in futures Bitcoin transactions and the use of bank-developed block-chain technology to perform financial transactions with the US-based international banking company JPMorgan Chase & Co., with the National Bank of Canada and other large corporations, particularly in lending, are the most important factors that make the value increase again.

Ripple, a value under $ 1, is close to the psychological limit of 1 dollar. Apart from that, the rise of Ethereum and IOTA is also raging. These 'relaxing' news from key institutions can help ensure that the growth of crypto money is stable.