Opinion polls cast a shadow on the GBP
YouGov, the key organization tracking the UK public opinion has released its final report ahead of the vote that will take place on Thursday, December 12.
Cryptocurrencies generally stand still, as market cap keeps to $220 billion
On Friday, crypto assets were nearly intact, proceeding with what’s been a subdued week for the crypto market.
On the Kraken cryptocurrency exchange, the currency pair BTC/USD hit $6,547.89, declining by about 0.1% since Thursday.
The most popular digital coin is actually demonstrating one of its quietest weeks, fluctuating within a $250, or in other words 3.5% range. Well, as it stands early on Friday, it appears to be the lowest volume week since last year’s February. It follows from Bitfinex data disclosed by Trading View.
The overall value of all crypto assets last amounted to $218 billion, as follows from data provided by CoinMarketCap.
Delivering a speech at the Delta Summit in Malta, the founder of deVere Group as well as a crypto proponent, Nigel Green told that skeptics are undermining the whole potential of the crypto industry. He told that trust in the sector is often compromised by demagogues, making unsubstantiated and wild claims, and selling themselves out to the highest bidder, no matter what consequences and facts are. He added that these are high-profile financial institutions and traditionalists, who are probably interested in preserving the status quo or have no understanding of the unprecedented shift, which currently occurs.
The collective group of crypto assets other than Bitcoin, also dubbed altcoins, demonstrated a quiet start on Friday. The currency pair ETH/USD decreased by 0.2% being worth $221.39. Besides this, the currency pair BCH/USD inched down by 0.7% trading at $511.10. The currency pair LTC/USD headed south by 0.6% reaching $57.95. As for XRP/USD, this currency pair hit 52 cents, losing 2.9%.
Bitcoin futures were quiet on Friday. As a matter of fact, October delivery XBTV8 futures headed south by 0.1% reaching $6,535, while October delivery BTCV8 futures lost 0.2% hitting $6,545.
Similar
Currency market on December 9
The main attention of traders is paid to the news concerning the US-China developments ahead of the US tariffs deadline scheduled on December 15.
Currency market on December 6: the NFP Friday
Black Friday for the currency market: the Non-Farm Payrolls are out!
Latest news
Top 4 trading opportunities of December 12
The GBP traders await the outcome of the election, while the euro may follow the words of the new ECB president Christine Lagarde. Read more!
FOMC meeting: the aftermath
The Federal Reserve had the meeting on Wednesday - we take the first look at the results and try to understand what's coming next.
Opinion polls cast a shadow on the GBP
YouGov, the key organization tracking the UK public opinion has released its final report ahead of the vote that will take place on Thursday, December 12.
Deposit with your local payment systems
