Bitcoin is no longer the cryptocurrency of choice for investors ¿ Do you know the fastest growing one?.
The Bitcoin cryptocurrency remains to this day, one of the most known, used and publicized, but there are also others that are considerably increasing their value exponentially. div>
It is worth mentioning that when we talk about cryptocurrencies the world reference is bitcoin, emphasizing its volatility to which it is associated, highlighting that it is one, of the most useful in the markets for its volume of exchanges, we can also mention that it was, the one that marked the guideline that seemed impossible or very complicated, so much so as to be possible the acquisition of for example, a Tesla vehicle with it. However, others are attracting the attention of investors.
We can mention that thanks to the vertiginous fall that bitcoin had a couple of weeks ago has had to do with diversification and interest in a large number of rising cryptocurrencies, but ether has been on the rise for some time, according to Bloomberg: "Ether has far outperformed Bitcoin so far this year" and has gained a lot of interest in recent times.
It is important to mention that it has surpassed $3,000, considering a milestone and is already going for $3,400 without the shadow of a next fall. "Ether is rising and there do not seem to be many obstacles in its way," Edward Moya, senior market analyst at Oanda Corp. points out in El Economista.
But there are also other coins with interesting movements and market volumes, such as Binance Coin, Dogecoin or Filecoin that are making investors interested in them. Further mentions The Economist Edward Moya, is this growth in ether, "an improvement of the Ethereum-affiliated blockchain, as well as the popularity of the network for financial services and cryptocurrencies, are some of the factors cited for the upturn.".
We also point out that bitcoin still represents 46% of the total value of the crypto market, for its ether continues to rise and already adds up to 15% and has surpassed as we mentioned $3,000, making it the most valuable cryptocurrency for many investors. But it is not only ether, the variety of existing cryptocurrencies continues to grow and investors find in them a plus as there is no specific one that meets all the conditions they are looking for with these cryptocurrencies. In addition, it is a market that is continuously on the rise for most of the currencies.
To conclude by analyzing that bitcoin at one point could reach up to 70% of the cryptocurrency market and was believed to be unattainable, but today it stands at 46%, while the rest of the competition continues to gain ground at an accelerated pace. Let's hope that it can happen during the next weeks or months, where there will be important changes in the cryptocurrency industry as well as in the investors' intentions.
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