News
Is Bitcoin Still the Gold Standard of Cryptocurrencies?
With a market capitalization of approximately $1.3 trillion, Bitcoin (CRYPTO: BTC) continues to reign as the world’s most valuable cryptocurrency. It is no surprise, then, that both retail and institutional investors have generally chosen Bitcoin as the first cryptocurrency they add to their portfolio.
However, the cryptocurrency faces new challenges as it tries to go mainstream, and its stellar 15-year performance record will be hard to replicate. So, is Bitcoin still the gold standard for cryptocurrency investors?
The main factor driving Bitcoin’s popularity among investors has been its long history of outperforming the market. In the decade from 2011 to 2021, it was the best-performing asset in the world, and it wasn’t a close race.
Source Crazy.com