On Monday, cryptocurrency prices have been in decline. Bitcoin rate dropped to its minimum in two weeks, falling by 2% to $ 3,771.11.
In general, cryptocurrencies have fallen in price: at the time of writing this article, the total capitalization of the cryptocurrency market was $126 billion compared to $130 billion, which was recorded on Sunday.
Despite this, according to experts, Bitcoin has every chance to grow in March. They note that February was the most successful month for Bitcoin over the past six months. Since August, the price of the digital currency has fallen, and this is the longest downtrend for cryptocurrency at the moment.
XRP fell 1.92% to $ 0.30676, and Litecoin fell 4.08% to $ 46.53.
EOS rate decreased by 8.16% per day and is now $ 3.27 dollars. Cryptocurrency capitalization - $ 2.9 billion.
The rate of Ethereum, in turn, decreased by 4.07% to $ 127.89, despite the positive development in the network against the background of the successful hard forks Constantinople. The report of the consulting company ZeroNonCense said that the QuadrigaCX cryptocurrency exchange most likely retained a significant amount of Ethereum on other cryptocurrency sites before the death of its founder Gerald Cotten, who only had access to the "cold" cryptocurrency wallets of the exchange. Cotten died unexpectedly in India in early December.
If the statements of ZeroNonCense are true, then these assets may allow QuadrigaCX to restore solvency and continue working.
The report includes reports by Kraken CEO Jesse Powell and MyCrypto CEO Taylor Monahan. The report compilers concluded that QuadrigaCX had saved 650 thousand ETH on other exchanges, including Kraken and Bitfinex.
QuadrigaCX reported a loss of $135.39 million in digital assets. Earlier, ZeroNonCense reported that QuadrigaCX had never had assets of $135 million. QuadrigaCX users are currently suing the exchange to return their funds.
