Tag: digital currencies
Why Bitcoin is Outperforming Other Digital Currencies
April 25, 2019
Bitcoin has been outperforming other digital currencies lately, increasing its share of the broader market as prices climb. The world’s largest cryptocurrency by market capitalization (market cap) reached $5,641.36 today on CoinMarketCap, its highest since November. The digital asset later pulled back, trading at $5,473.03 by 13:34 UTC, additional CoinMarketCap data shows. At this point, bitcoin was up 4.4% for the week, while several altcoins (cryptocurrencies other than bitcoin) were in the red. [Ed note: Investing in crypto coins or tokens is highly speculative and the market is largely unregulated. Anyone considering it should be prepared to lose their entire…