Myles Watkins-Top 10 Effective Cryptocurrencies To Invest Over the last few days, the global crypto market capitalization rose by 4.75 percent to $2.39 trillion while the trading volume jumped by 14.11 percent to $102.84 billion. Crypto assets can be risky, but they are also potentially highly profitable if you take experts' opinions like Myles Watkins opinions. When it comes to gaining direct exposure to the demand for digital currencies, cryptocurrency is the best option, whereas stocks of companies with cryptocurrency exposure may be a less risky alternative. It can be difficult to tell which of the over 8,000 cryptocurrencies will generate the greatest returns for investors. Following is a list of ten of the most valuable crypto assets by market cap for those new to the space:
Bitcoin (BTC): In order to seamlessly push the cryptocurrency into mainstream use, companies like PayPal and Visa have integrated Bitcoin into their processes, and Commbank recently announced its plans to add crypto purchasing to its mobile app. Ethereum (ETH): Investors have been paying attention to Ethereum since it announced it would decrease its carbon footprint. Ethereum plans to dramatically reduce its energy consumption by 2022, through a process it calls "The Merge". Over 99% of the Ethereum network's energy consumption will be reduced through the upgrade. Binance Coin (BNB): Binance Coin is a utility token created by Binance with a limited supply of 200 million units. Significant price increases have been seen for Binance Coin in recent months.