Cryptocurrency Communication | Focusing on the Market Value of Cryptocurrencies! ~ An Important Investment Perspective ~ [Oohira]
Oohira-san Profile
FX history since 2009, cryptocurrency history since 2015. Utilizing cryptocurrency investment experience, currently distributing cryptocurrency information on major newsletter sites and investment sites. Participates in numerous individual investor networks and shares knowledge gained from many investors. Running a beginner-friendly cryptocurrency investment information site since 2016.
Blog:The Future Potential of Cryptocurrencies — Investment Methods for Beginners to Earn
※This article is a reprint/reedit of FX Prospecting.com January 2020 issue. Please note that the market information described in the body may differ from the current market.
Bitcoin Ranked as the World’s No. 1 Market Capitalization
As of October 2019, the market capitalization of cryptocurrencies (crypto assets) is about 23 trillion yen. This means that cryptocurrencies traded worldwide total 23 trillion yen.
Currently, there are more than 1,000 types of cryptocurrencies, but by market capitalization, Bitcoin has always remained No. 1 as the symbol of cryptocurrencies. Bitcoin was born in 2009, and more than 10 years have passed. Based on Bitcoin, new currencies with improved transfer speed and programs have emerged since then, but Bitcoin remains the most traded cryptocurrency in the world.
Bitcoin is called “digital gold” because it is the first cryptocurrency and continues to maintain the top market capitalization, giving it significant influence. Also, the market capitalization of cryptocurrencies is a very important perspective when investing in cryptocurrencies.
