Ripple falls below $0.40 barrier as Bitcoin holds gains

The performance of cryptocurrencies varied during trading today as the Ripple returned to fall, while Bitcoin maintained its gains, in conjunction with pressures on Wall Street.

Bearing in mind that when the US stock market is under selling pressure, investors are moving towards cryptocurrencies as another type of asset.

In a related context, Russian government officials said that Moscow intends to postpone the introduction of a bill to regulate the cryptocurrencies in the parliament to vote.

Given the willingness of Facebook to launch its new cryptocurrency, Libra, and the uncertainties surrounding it, the Chinese central bank said it plans to develop its own cryptocurrency.

In terms of trading, by 21:05 GMT, Ripple fell by 2.3% to $0.39, with the highest at $0.41 and the lowest at $0.39, with a market value of $39 billion.

By contrast, Bitcoin rose 0.6% to $12422.1, with the highest at $12,833.1 and the lowest at $12089.8, with a market value of $221.5 billion.