Ripple jumps as crypto market rises despite Trump's warnings

Most of the cryptocurrencies rose during trading today, including Ripple, despite US President Trump's tweets, in which he warned of the new Facebook's cryptocurrency "Libra."

Trump said he is not a fan of the cryptocurrencies such as Bitcoin and its sisters, but called for the need to regulate and restrict the currency that the Facebook intends to lunch in the first half of next year, Libra.

However, those interested in the market felt that Trump's talk about cryptocurrencies is very important, even if it's negative, but he pointed to the importance of this type of digital assets.

Trump's warnings come after similar statements by the US Federal Reserve Chairman Jerome Powell and the Bank of England Chairman Mark Carney, whom have expressed concerns about the virtual Facebook currency "Libra".

In terms of trade, by 19:04 GMT, Ripple rose by 4.6% to $0.34, with a high of $0.35 and a low of $0.32.

Bitcoin rose by 5.3% to $11899, the day's highest at $11933.8 and the lowest at $11082.1.