Altcoins: Ethereum and Ripple are receiving high recognition thanks to Bitcoin and its Bullish rally!

After PayPal’s announcement about the opening of Crypto services for all U.S Customers, Cryptocurrencies gained much of interest, moving Bitcoin’s price one step closer to its old All-time High.

Ethereum and Ripple seem to perform very well increasing their value, by following BTC’s bullish rally.

The second largest asset (ETH) is surging above $580 (at the time of writing) as there are many possibilities to see its price going up even more. In any case, the road to its highest record of $1,500 that happened back in January, is still for away from the current price.

As for the fourth largest crypto by market cap, Ripple (XRP), news are much more exciting as the asset had a rise of almost 48% this week, leading the price to its highest since last July.

Investors and people who are already involved with Blockchain industry consider this “gaining fame” for Cryptocurrencies as a winning fight against the financial system. Some of them though, think that many people right now, are investing their money to different kind of assets without understanding how the system works, something that might lead them to wrong investments and lose their money.

First the pandemic Covid-19 and then PayPal’s announcement brought great news to the Blockchain industry, even for big companies and financial businesses who are already interested and might give a try to the Cryptocurrency world!

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