Check out the top five cryptocurrencies that were most valued in January
The year 2020 started well for crypto assets, with Bitcoin valuing in January more than the famous S&P 500 index appreciated throughout 2019. Despite Bitcoin's good performance, the dominant cryptocurrency in the market did not enter the group of five Los 10 main crypto assets in January.
The cryptocurrencies with the highest ratings are shown below!
5 – EOS
EOS is the top 10 cryptocurrency with the fifth best performance exhibited in January. After starting 2020 quoted at $ 2.60, EOS jumped 59.23% and reached $ 4.14 at the end of January, guaranteeing a market value of $ 3.9 billion.
Meanwhile, its trading volume after January 10 remained stable above $ 2 billion, experiencing peaks of up to $ 5.8 billion. Its highest mark came without $ 4.39, reached on January 30.
4 – Cardano (ADA)
The Cardano, which joined the top 10 in the last days of January, also showed a satisfactory increase. Initially quoted at $ 0.033458, the ADA increased to $ 0.0053793. This is an increase of 60.60%, the fourth largest in the top 10.
With the jump, Cardano's market value ended in January at $ 1.3 billion. Its trading volume was between US $ 50 million and US $ 100 million during the first month of 2020, remaining above US $ 100 million between January 28 and 31.
3 – Litecoin (LTC)
The creation of Charlie Lee also demonstrated solid progress during January 2020, with Litecoin being the third cryptocurrency with the highest earnings in the top 10. However, its initial mark in January was $ 42.02, after a balance of 61.54%, LTC ended the same month quoted at $ 67.88.
With the measure, its market value was $ 4.3 billion, a gain of almost $ 1.7 billion in total appreciation. The cryptocurrency reached $ 69.74 on January 30, but fell a few moments later.
Its exchange volume was between US $ 3 billion and US $ 5 billion, and cryptography was negotiated at US $ 6 billion in volume on January 30.
2 – Bitcoin SV (BSV)
Bitcoin SV surprised many investors during January. At the beginning of the month, quoted at US $ 97.20, cryptography increased rapidly to reach US $ 173.81 on January 14, raising the same date to US $ 441.20, an appreciation of 153%. However, BSV could not remain in this range and ended the month quoted at US $ 272.40, a value that, in any case, represents an increase of 80.24%.
Its market value ended the first month of the year at US $ 4.9 billion, while its exchange volume was between US $ 1 billion and US $ 3 billion.
1 – Bitcoin Cash (BCH)
Bitcoin cash was the cryptocurrency with the best performance of the 10 during the month of January. With an advance of 83.65%, the cryptocurrency arose from a hard fork of Bitcoin jumped from $ 204.40 to $ 375.39. Its market value at the end of January was $ 6.8 billion.
Its trading volume, which was between the top of US $ 1 billion and US $ 2.3 billion, as of January 14, was between US $ 2.8 billion and US $ 6 billion. On January 30, BCH reached $ 395.56, but could not keep up with this brand.
In general, the month of January was positive for all the 10 main crypto assets, without the members of this group having recorded losses.
