Since the beginning of 2022, the crypto market has descended further into the bear market. The current bitcoin cycle low was hit back in June 2022, and its price is only about 11% up from that point. Through the bear market, there have been some cryptocurrencies that have held up better than the others. This report takes a look at the top 10 digital assets by market cap and how they have done since then.
Performance Of The Top Crypto
The top 10 cryptocurrencies by market cap have performed quite well compared to their smaller counterparts but they are still down by a large margin. This is excluding the 3 stablecoins which are pegged to the US dollar and have managed to maintain their peg through this time.
The remaining seven cryptocurrencies have seen varying degrees of performance. However, BNB has been the best performer out of all of them. Even though it is the 5th largest by market cap, it has done a better job of holding on to its value with only about a 60% decline from its...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...