According to analysts, the leading cryptos this year are those familiar to everybody: Bitcoin, Ethereum, Litecoin, Ripple and Bitcoin Cash. At the moment, the trend is that these projects periodically lose in price, but eventually come back to normal levels. We offer to consider their opportunities in more detail.
Bitcoin
In 2018, investors have been frustrated by rapid price rises and falls of the most popular cryptocurrency. However, despite the setbacks, bitcoin is still the market leader. The price of BTC for the last two weeks has ranged from $9,000 to $11,000.
Ethereum
Ethereum is ranked 2nd most promising cryptocurrency in 2018. At the same time, experts note that it is gradually falling in price. In late January, ETH was $1,246. Later, the value of this virtual currency fell to $697. At present, Ethereum has recovered and on February 22, it traded at around $807.
Litecoin
Third place in the ranking of digital currencies was given to Litecoin, pushing down the Ripple crypto currency. This month, LTC showed incredible price hikes: in early February it was priced at only $125, and on February 22, Litecoin was trading at $194.
Ripple
Ripple took the fourth place in the 2018 list of leading cryptos. Experts consider this digital asset very unstable: in January Ripple rose to $1.4, and next month it fell to $0.7. Nevertheless, analysts say this cryptocurrency is one of the most promising. By the end of this year, it can grow to $3, according to forecasts.
Bitcoin Cash
Bitcoin Cash is ranked the fifth top cryptocurrency this year. In early February, the price of BCH was less than $1,000, but by February 22, Bitcoin Cash reached $1,217.
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This year has been pivotal for Bitcoin, the world's leading cryptocurrency. One of the key milestones was the approval of Bitcoin spot ETFs by the US Securities and Exchange Commission. In April 2024, Bitcoin also experienced a halving event, which is typically seen as a positive development for the digital asset. This year, the cryptocurrency is up 57%, and analysts remain optimistic about its future. However, they highlight four key factors that could influence Bitcoin's trajectory, both for better and for worse
