Digital currencies show mixed performance

Digital currencies show mixed performance

On Friday, key crypto assets were generally mixed in Asia, with Bitcoin still demonstrating a downtrend. India is actually considering an absolute ban on crypto assets, thus casting doubts on the outlook for the cryptocurrency market.

Eventually, Bitcoin headed south by nearly 0.88% ending up with $5,365.7, losing its grip on the recently achieved $5,400 level. As for Ethereum, it went down by 3.12% concluding the trading session at $158.68.

Besides this, XRP went up by about 0.08% being worth $0.29742, while Litecoin rallied by up to 2.46% reaching $73.912.

The mixed performances of the digital currencies sent the market capitalization down to about $171.6 billion from yesterday’s outcome of $176.7 billion.

The Indian cabinet has started inter-ministerial consultations on a draft bill dubbed «Banning of Crypto Assets as well as Regulation of Official Digital Coins Bill 2019», as local media informed.

Several departments are reportedly in favour of absolutely forbidding the purchase, sale as well as issuance of all types of crypto assets. They actually include the Department of Economic Affairs, the Central Board of Indirect Taxes and Customs,  the Central Board of Direct Taxes as well as the Investor Education and Protection Fund Authority.

A statesman told that The Economic Times that a final law is going to be offered to the new cabinet after May’s general elections.

While India is about to have crypto assets banned, Malta has come up with a guidance note to the general public with the aim of warning about the risks of digital coins and also scams.

The note lists out typical crypto scams and tells the public on how to identify and dodge them.


Where is Dogecoin?
Where is Dogecoin?

Did the era of the Dogecoin, the most famous cryptocurrency, come to its end, or it is just a calm before the storm? Let’s find out!

Latest news

FED and BOE Make Another Attempt to Beat Inflation
FED and BOE Make Another Attempt to Beat Inflation

The Federal Reserve (Fed) will announce its Interest Rate Decision and make a statement about the future monetary policy on Wednesday, September 21, GMT+3. After the higher-than-expected inflation numbers published on September 13, there’s almost no doubt the Federal Reserve will come up with another 75-basis-point rate hike. However, surprised by the CPI numbers, several Fed members announced the possibility of a 100-basis-point rate hike on Wednesday.

Deposit with your local payment systems

Feel the Team Spirit

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera