Cryptocurrencies have just entered their eleventh year since the first cryptocurrency Bitcoin was launched, taking the global economic arena in a blow. Although the virtual currency space has seen plenty of significant surges and falls, there’s one thing that’s for sure, and that is cryptocurrencies are here to stay and rule the future. Earlier, people failed to understand the concept of working behind cryptocurrencies and so restrained themselves from making investments. With the passage of time, mindsets changed, innovations and developments took over the industry, and in no time, cryptocurrencies were all over the place.
With the world entering a new decade, predictions and speculations have flooded the marketspace depicting new opportunities, both positive and negative, for cryptocurrencies. A good investor always looks for cryptocurrencies that boast of a high market capitalization rate. The rate reflects that a huge volume of the crypto coins is participating in real transactions implying enhanced investors’ interest in the currency. Also, it is advisable to opt for cryptocurrencies that have a high liquidity level so that they can be sold off in the market at the prevailing rates conveniently. If you are someone who is planning to try their luck in virtual currencies this year, then need not worry as we are at your rescue. This informative article will give you the details about the digital currencies which are worth your investment in 2020. Have a look at the top-rated cryptocurrencies list given below to make informed decisions.
Bitcoin takes pride in being the pioneer of cryptocurrencies as it was the world’s first virtual currency. Bitcoin is currently rolling at a price of $6,657.26. As we are well-aware that in May 2020, Bitcoin will undergo halving because of which the amount of the reward will be slashed from 12.5 to 6.25 for each verified block. It is speculated that similar to the 2016 halving event, this year’s event will also…