![]() ![]() The premise of Bitcoin is to exist outside the control of a centralized authority, such as a bank or government. Launched in January 2009, Bitcoin was the first virtual currency of its kind as an electronic cash system that bypassed financial institutions. On Halloween night of 2008, when most people were dressing up as Heath Ledger’s Joker from “The Dark Knight,” an anonymous author named Satoshi Nakamoto published a white paper titled “ A Peer-to-Peer Electronic Cash System,” which would lay the groundwork for Bitcoin. Bitcoin (BTC)īitcoin, which kicked it all off, firmly nails down the No. Use Public’s suite of tools and analysis to make informed investment decisions 1. We’ve excluded stablecoins since these coins are designed to hold a stable price and are not speculative investments like other crypto projects. ![]() Here’s a look at the top 10 cryptocurrencies by market capitalization, excluding stablecoins. There are only 14 cryptocurrencies with a capitalization greater than $5 billion. Ethereum and Bitcoin’s market capitalizations comprise nearly 70% of the roughly $1.2 trillion crypto market.Īmong the cryptocurrencies that trade today, most hold a small market capitalization. According to CoinMarketCap, more than 25,000 crypto projects trade on the market today.īut even though thousands of cryptocurrencies are available, the market is still dominated by Bitcoin, the original crypto, and Ethereum. If you’re into crypto, you’ll probably recognize a few of the names from back then: Bitcoin, Litecoin and Ripple, now rebranded as XRP.įast-forward to today and there are a wide variety of coins and tokens with use cases that extend beyond Bitcoin’s functionality as an alternative to centralized currency. In 2013, there were only a handful of other crypto coins. The world of crypto assets is much broader than a decade ago. Most cryptocurrencies hold small market capitalizations. ![]()
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