Best Cryptocurrency to Invest
The following ten cryptocurrencies provide the best opportunities to invest based on the performance so far during the year and on the fundamentals provided by the crypto market.
Bitcoin – The Best Crypto Out There
The “father of all cryptocurrencies”, Bitcoin hold the financial headlines when it almost reached $20000 in a matter of a few months in the late part of 2019. Created over a decade ago by the anonymous Satoshi Nakamoto, it is a digital currency used in transactions verified by network nodes using cartography and recorded on blockchain (a public distributed ledger).
It grew in popularity so much that nowadays we talk about Bitcoin wallets, plenty of Bitcoin transactions and it is a widely accepted method of payment on both physical and online stores.
It currently trades at almost $8000 after it put a double top around the $13000 during the summer. It gained over 400% in the course of a few months from bottom to top, making it one of the major rallies in the financial markets in 2019.
By far, the most popular and well-known cryptocurrency, Bitcoin is one of the main reasons why investors and traders alike diversify their financial portfolio with digital assets. It is only normal if you think of the huge market capitalization of almost $150 billion and an immense daily trading volume of about $17 billion.
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