Digital currencies are turning into losses in European trading on Thursday, despite reports of the British government's announcement of a working group on digital assets and blockbuster technology.
According to a statement issued by the Treasury Department, Minister Philip Hammond will announce Thursday a working group on digital assets, including the Central Bank and the Financial Behavior Authority, as well as the Ministry of Finance.
The statement also said that the British government plans to cooperate with technology companies to establish common platforms and work to remove the obstacles faced by these companies. The statement did not specify any further details about the nature of these platforms.
The Group of 20 (G20) meeting in Buenos Aires, Argentina, yesterday reported the growing risks of encrypted digital currencies, but the latest statement of the group was a source of satisfaction within the digital market, especially as it did not call for any crackdown on the encryption industry.The GEC statement said that finance ministers and central bank governors would discuss a common approach to secret experiences for digital currencies and the coding industry.

On the other hand, Bitcoin recorded a decline of 3.87% to trade at $ 8,703, after recording a high of $ 9,892 and a low of $ 7,323, with a daily trading volume of $ 5.85 billion. , With a market value of $ 148.04 billion.

As for the currency of etherium, it recorded declines in European trading, dropping from the highest levels in three days, recording a loss of 6.41% to reach levels of 539.90 dollars, after recording a high level of trading today at 589 dollars, and the lowest level at 454 dollars , With daily turnover of $ 1.85 billion, bringing the market value of the digital currency to $ 53.23 billion.

Looking at the RIPL, we find that losses came in, recording a decline of 818% to reach 0.6429, after recording a high of 0.8298 and a low of $ 0.5394 in the daily trading volume of 599. $ 99 million, bringing the market value of the digital currency $ 25.68 billion.

Finally, the value of cash Bitcoin declined to reach 3.00% to reach $ 1,006, after recording a high of $ 1.084. The lowest level was at $ 847, with a daily volume of 353.38. Million, bringing the market value of the digital currency to 17.1717 billion dollars

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