Ripple is the cryptocurrency in the market that has traced the most today, driven in part by the rise of Bitcoin, and is consolidating itself as one of the most important cryptocurrencies in the market.

The morning in the cryptocurrency market has not been very good, but throughout the day the market has risen, driven by the increase in value of Bitcoin. The greatest beneficiary of this rise is once again Ripple, which registers a 15% increase in value. It should be noted that this morning, in the exchange of cryptocurrency to the dollar, there has been a curious effect and that is that after a large package of coins was sold, all have risen sharply in value. Now Ripple is around $ 1.4.

The market these weeks has lost a lot of value. XRP a few weeks ago was strong in the market, passing 100.000 billion dollars, positioning itself second in the market. That moment was at the beginning of this month, during January 3 and 4, passing the 3.8 $ of valuation, although the correction has been very strong in recent weeks, losing much of the value. Not only has the valuation of XRP or cryptocurrencies fallen, but also the global market value, which has gone from 829.000 million dollars to about 550.000 million dollars in two weeks, which is due in part because CoinMarketCap has brought to the market South Korea's valuation, due to the high premium that cryptocurrencies have in the country.

Its value and popularity is due to the fact that banks in South Korea and Japan work on the blockchain of this cryptocurrency, to develop cross-border payment systems with low commissions and that validate operations in a matter of seconds, two of the main factors of this cryptocurrency. The entry of MoneyGram, one of the largest companies in the market in the cross-border transfer of capital, which is in the testing phase of this technology, reveals the potential of this cryptocurrency for the financial sector.