Why are cryptocurrencies more popular than stocks (Why are cryptocurrencies skyrocketing)?
Why are cryptocurrencies more popular than stocks? Why are cryptocurrencies mor
Why are cryptocurrencies more popular than stocks? Why are cryptocurrencies more popular than stocks?
This article will study and analyze why cryptocurrencies are more popular than stocks.
According to data from CoinMarketCap, Bitcoin (BTC) currently ranks sixth globally. The United States, Canada, and other countries are also among the top five, with China leading with three-quarters of the positions; Japan ranks second, followed by South Korea and Russia. Therefore, we believe that if the stock market is an opportunity for investors, then the cryptocurrency market is even more trustworthy.
However, for most people, this is just the beginning: many portfolios have already entered the cryptocurrency field – but in fact, these asset classes have not received good returns due to the lack of fundamentals or technical support. However, they can still choose to hold and continue trading their tokens.
Original source from ambcrypto, compiled and translated by the Blockchain Knight, English copyright belongs to the original author, please contact the editor for Chinese reprint.
Why are cryptocurrencies skyrocketing?
According to cryptoglobe news, why are cryptocurrencies skyrocketing? From December 24, 2017, to the end of February 2020, the global market capitalization of cryptocurrencies surpassed the $1 trillion mark for the first time. Since the end of 2018, the prices of various altcoins such as Bitcoin, Ethereum, and Ripple have been rising. According to data from CoinMarketCap, the total trading value of the entire digital asset market has reached 31.6 trillion yuan, an increase of more than 70%; the top five mainstream cryptocurrencies are ETH, EOS, and XRP.
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