Key points
- Bitcoin was the original cryptocurrency, launched in January 2009.
- Thousands of cryptocurrencies trade on the market.
- Most cryptocurrencies hold small market capitalizations.
While cryptocurrency investors await further developments on the regulatory front, most major cryptos have enjoyed positive momentum recently.
Crypto bulls believe the volatile market is on track for new all-time highs and are optimistic regulatory clarity could open the door for more institutional investors to embrace cryptocurrency for the first time.
Even though thousands of other cryptocurrencies are now available, the crypto world is still dominated by bitcoin and ethereum. Ethereum’s and bitcoin’s market capitalizations comprise more than two-thirds of the crypto market.
Here are the 10 largest cryptocurrencies by market cap, excluding stablecoins.
1. Bitcoin (BTC)
Market cap: $1 trillion
Year-over-year return: 130%
Roughly 14 years after its creation, bitcoin is still by far the most popular and valuable cryptocurrency in the world. Bitcoin was created by a mysterious person or group of people using the pseudonym Satoshi Nakamoto, and its blockchain-based,…
