The world’s best cryptocurrency is not bitcoin, and Bloomberg publishes a list of top 10 best performing digital currencies
The world’s best cryptocurrency is not bitcoin
The China’s Center for Information and Industry Developmen published its new version of cryptocurrency rating. EOS holds the first position, Ethereum is in the second place and TRON is in the third. Bitcoin holds only the ninth place.
The digital currencies were evaluated using 3 parameters: base technology, practicality and innovation.
Bloomberg publishes list of top 10 best performing digital currencies
In 2019 bitcoin grew by 98%, data of Bloomberg agency shows. However, the maximal performance among top crypto assets was demonstrated by Binance Coin (BNB), which grew in price by 154%, from $6,16 to $15,69.
Two cryptocurrencies from TOP-10 are currently showing negative performance — XRP (−38%) and Stellar (−40%).
Cryptocurrencies occupy only 0.25% of stock market
Currently capitalistation of cryptocurrencies constitutes $205 billion, whole the global stock market is valued at $82 trillion, Mati Greenspan, Senior Market Analyst at eToro notes.
Therefore, crypto assets take up only 0.25 of global stock market. Greenspan points out that the market of digital currencies is still in early stage of development.