Looking at the performance of cryptocurrencies you can find that among major cryptocurrencies Bitcoin is unique in volume and incremental ratio, soared more than 300% annually, generate significant attention throughout 2020, and rushing like a roller-coaster market.
There are other cryptocurrencies that are favorite among many users, but Bitcoin become the de facto standard among mainstream institutions, they’re gradually injecting funds into Bitcoin and redraw the status of Bitcoin as Digital Gold. The massive inflow of funds from institutions is the recognition of encrypted assets value that reached every corner of this world. The total market value of Apple is approx US$2.26 trillion while encrypted assets value reached US$2.08 trillion
The volume of many cryptocurrencies almost exceeded the stock markets of digital and industrialized countries, and become lucrative investment assets, and in countries like South Korea, the single-day trading volume of crypto assets is more than 25 billion dollars which is far exceeding its own stock market net trading volume in a single day.
If this phenomenon continues without any interruption then the analyst believes that this will lead to grab people’s attention from Gold and other assets and fund that flowed regularly into other assets lend into the cryptocurrencies world because of the attractiveness of cryptocurrencies and the presentation of these encrypted assets as a safe heaven
The average return rate of cryptocurrencies is more than traditional assets, previously if you invested in Gold and other metal assets your return ratio was 98%, but investment in encrypted assets would return higher than 2000% which you can find by checking the historical prices of the crypto assets like bitcoin, Ethereum, and Dodge coin
Store the Value
If you closely watch the situation and seeking some deeper insight you probably found that the inflow of the fund is not for short term advantage, the injected funds into cryptocurrencies were to save the existing values of the funds, instead of choosing the Gold standard investors willing to lend their funds into cryptocurrencies and especially in Bitcoin.
The main concern is to put funds where there is no inflation and increased over time, Bitcoin posses both properties as an anti-inflation asset and always increasing moreover when investors want to liquidate the funds they always get the original value of their funds.
Ethereum, Defi and NFT
The second-largest cryptocurrency in the crypto world is Ethereum, but it is not like Bitcoin blockchain, vividly it is an ecology that gives birth to ecosystems of Defi and NFT, added another layer of infrastructure into the encrypted assets, transforming the existing financial infrastructure into Ethereum based infrastructure, on daily basis the number of transactions growing and reaching new highs, the ETH get strengthened because of Ethereum ecosystem, attract new investment and influence many other market players.
Platform Currencies
Binance and Coinbase and their coins BNB and USDC respectively show increasing transaction volume and people interest, according to CoinGecko data both coins show signs of better performance, and now people recognized the new pattern of platform crypto assets, last year Coinbase profit is 320 million while Binance is more than 800 million.
Coinbase and Binance coins give a new direction to the encrypted world and grabbed a large volume of crypto investment, BNB which is now the third-highest token in the crypto world if comparing with Bitcoin you can find that after so much the soaring price of Bitcoin the market share is not increased but fall however Bitcoin dominated the cryptocurrencies.
Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://medium.com/cryptocurrencies-ups-and-down/uncover-the-return-values-of-cryptocurrencies-3c6d6a3d9a12?source=rss——-8—————–cryptocurrency
