Cryptocurrency Market + Highest Prices

Even though cryptocurrency is still new to be trusted by most people, it is the most authentic, but at the same time risky, when it comes to investment. With the market being unstable from time to time, being knowledgeable in cryptocurrency is a must. But what is good about the up-and-down of cryptocurrency, the amount varies via dollars in a day. Investors or amateurs must monitor the daily basis when prices are bought high or sold high.

As I saw in NASDAQ.com, they offer GBTC (Grayscale Bitcoin Trust) wherein investors can trade Bitcoin on the stock market. It reveals the movement of prices on whether they go up or down of Bitcoins without having the hassle of buying and/or loading them. Also, if you want to learn how to invest, you can go to that website and start learning from A-Z in the Glossary of Stock Market Terms. I personally went into that website couple of days ago and since I’m new to investing, I was surprised on what they offer.

And by that, I made some of the factors you might consider before going in the market.

Things to Know Before Investing:

• Always learn about cryptocurrency since the prices are volatile.

• Prices might drop dramatically so it is not recommendable to put all your money on it. Most of the time, new traders fail in their first deal so it is a mistake when you invest money in one asset.

• Make sure to monitor charts, brokers, opinions by big investors and other sources. Never settle in one source.

• Choose the right currency and learn the concept behind it.

I’ve looked into the cryptocurrency market just now and below are some of the highest priced cryptocurrency conversions as of July 6, 2020, ranked by their prices.

Bitcoin (BTC) - $9,071.35

• Market Cap of $167.13 Billion

Maker (MKR) - $466.57

• Market Cap of $469.17 Million

Ethereum (ETH) - $227.24

• Market Cap of $25.37 Billion

Bitcoin Cash (BCH) - $221.82

• Market Cap of $4.09 Billion

Compound (COMP) - $196.78

• Market Cap of $504.01 Million

Bitcoin SV (BSV) - $153.68

• Market Cap of $2.84 Billion

Dash (DASH) - $67.26

• Market Cap of $644.71 Million

Monero (XMR) - $63.13

• Market Cap of $1.11 Billion

Zcash (ZEC) - $51.37

• Market Cap of $489.47 Million

Litecoin (LTC) - $41.62

• Market Cap of $2.7 Billion

Augur (REP) - $18.57

• Market Cap of $204.25 Million

Binance Coin (BNB) - $15.48

• Market Cap of $2.41 Billion

Decred (DCR) - $14.04

• Market Cap of $164.44 Million