Daily crypto: Markets are stabilizing and half of American millennials interested in using cryptocurrencies

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Christian Ploog

christian.ploog@trijo.co

The crypto markets have recovered somewhat from yesterday's downturns.

A recent survey by the international market research company Yougov shows that just under half of all millennials in the United States are interested in using cryptocurrencies as an alternative means of payment instead of the dollar.

Millennials are an age generation that usually includes people born in the early 80’s to the mid 90’s.

The survey, in which more than 1,200 Americans were asked about cryptocurrencies at the end of August, also shows that 79 percent have heard of at least one cryptocurrency, Coindesk reports.

Goldman Sahs denies

It has been speculated that the recent downturns in the crypto markets may be due to a report from Bloomberg that the American investment bank Goldman Sachs has halted its plans to launch a crypto trading desk.

Now, however, the investment bank’s Chief Financial Officer Martin Chavez has denied this.

“I never thought I would hear myself use this term but I really have to describe that news as fake news”, Martin Chavez said during a conference in San Francisco, according to CNBC.

“I really have to describe that news as fake news”

The crypto markets have recovered somewhat from yesterday’s downturns. Xrp (+2,08%), eos (+1,34%) and bitcoin cash (+2,05%) have all soared in value during the last 24 hours. Also, bitcoin (+1,24%) has gone up.

The cryptocurrencies on top 100 that performed the best during the last 24 hours were mco (+12,79%) and holo (+11,73%), and the ones that performed the worst were dropil (–13,14%) and bitcoin diamond (–11,72%).

Asset: Price: % (24h)*
Bitcoin $6 524,09 +1,24%
Ethereum $226,09 –0,71%
Xrp $0,293389 +2,08%
Bitcoin cash $511,86 +2,05%
Eos $5,12 +1,34%

*All numbers in this article are from Coinmarketcap.com.

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