Do you know what is the most used virtual currency for secure transactions? Exactly, cryptocurrency is the one.
This advanced digital currency is a new payment method that works on a peer-to-peer system of networks. However, the most important thing is that cryptocurrency doesn’t need any bank or physical verifications.
With over 5,000 developers, this system of blockchain provides full security to its users. Hence, if you’re thinking of investing in the crypto market, your virtual money will be in totally safe hands.
However, before you invest, it’s very crucial to keep an eye on the current industry reports. So, let’s have a look at the price chart of top-rated cryptocurrencies.
Bitcoin (BTC)
When we talk about the crypto market, the first thing that comes to mind is Bitcoin. You’d be surprised to know that Bitcoin is the only crypto coin that is on the top since its launch.
If we analyse the current price chart, then at present bitcoin stands at a rate of 39,495 USD with a decrease of 0.50% at the time of writing. Moreover, a range of 38547 – 39887 was observed in the last 24 hours. In the past 7 days, its price had a downfall of 0.80% which makes it 40.58% below in last 6 months.
Ethereum (ETH)
After Bitcoin, Ethereum is the second most popular cryptocurrency in the market. With its native crypto token, known as Ether, the coin is widely traded on global platforms.
However, in the price charts, Ethereum is currently trading at a rate of 2930 USD. This is with approximately 2.10% negative change at the time of writing. In the last 24 hours, its price had a major downfall of 4.69% (price range of 3002.25 – 2883.77) .
Moreover, within the last 7 days, there has been a 1.97% price change from the current value.
Tether USDT
With a current price of 1.000 USD, Tether is probably the most stable coin at the time of writing.
In the last 24 hours, there has been a 0.01% change in the coin’s value. In addition, the coin’s price lost 0.69% in the last 7 days.
BINANCE Coin (BNB)
For crypto exchanges all over the world, Binance has launched its own coin, known as the Binance coin which is currently trading at a value of 405.69 USD with a decrease of 0.30%.
In the last 24 hours, the coin has risen by 0.05% in its price.
USD Coin
Another type of cryptocurrency which is also a stable coin is the USD coin. At present, the USD coin is trading at 0.999 USD with a 0.04% price increase at the time of writing. In the last 24 hours, the coin’s price has risen by 0.03%.
Conclusion
In the end, crypto currency is a risky investment. Many investors, especially newbies, find it frustrating and end up losing their money.
But, if you do proper research before buying and holding the coin, you’re one step away from long-term revenue and success.
